Area Intelligence

TAMAN MERBAU

7 properties
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Median Price
RM 380,000
PSF: RM 208

Residential Market

Median Price

RM 380,000

IQR: RM 34
MAD: RM 16
RM 208 PSF 7.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MERBAU in Bahagian Miri, Sarawak recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 380K and a median price per square foot (PSF) of RM 208.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 380K, with most transactions falling within a stable range of RM 350K to RM 410K, and a typical market range of RM 353K to RM 407K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 208, with most transactions between RM 192 and RM 224. The usual range is RM 191.25 to RM 224.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.50 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN MERBAU, Bahagian Miri, Sarawak

OSM

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Transactions

7 properties grouped by size

1,800 sqft
5 units
RM 430,000
Double Storey Terraced JALAN MERBAU
1,786 sqft · RM 241.00 PSF
May 2023
RM 372,000
Double Storey Terraced JALAN TAMAN MERBAU 1
1,786 sqft · RM 208.00 PSF
May 2023
RM 350,000
Single Storey Terraced JALAN MERBAU
1,786 sqft · RM 196.00 PSF
Feb 2023
RM 380,000
Double Storey Terraced JALAN TAMAN MERBAU 1
1,786 sqft · RM 213.00 PSF
Dec 2021
RM 400,000
Double Storey Terraced JALAN TAMAN MERBAU 1
1,786 sqft · RM 224.00 PSF
Dec 2021
2,800 sqft
1 units Double Storey Terraced
RM 350,000
JALAN TAMAN MERBAU 1
2,788 sqft · RM 126.00 PSF
Feb 2023
3,200 sqft
1 units Double Storey Terraced
RM 560,000
JALAN TAMAN MERBAU
3,224 sqft · RM 174.00 PSF
Jun 2024