Area Intelligence

TAMAN MERBAU

6 properties
Double Storey Terraced
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Median Price
RM 390,000
PSF: RM 211

Residential Market

Median Price

RM 390,000

IQR: RM 34
MAD: RM 16
RM 211 PSF 7.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MERBAU in Bahagian Miri, Sarawak recorded 6 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 390K and a median price per square foot (PSF) of RM 211.

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 390K, with most transactions falling within a stable range of RM 350K to RM 459K, and a typical market range of RM 363K to RM 417K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 211, with core pricing between RM 173 and RM 248. Market pricing typically extends from RM 193.75 to RM 227.25, reflecting moderate variation in unit pricing. The spread of RM 33.50 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.

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

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Transactions

6 properties grouped by size

1,800 sqft
4 units Double Storey Terraced
RM 430,000
JALAN MERBAU
1,786 sqft · RM 241.00 PSF
May 2023
RM 372,000
JALAN TAMAN MERBAU 1
1,786 sqft · RM 208.00 PSF
May 2023
RM 380,000
JALAN TAMAN MERBAU 1
1,786 sqft · RM 213.00 PSF
Dec 2021
RM 400,000
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