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LUTONG BAZAAR

Bahagian Miri, Sarawak · Commercial · 11 recorded sales, Oct 2021 to Sep 2025

Thinly traded · 1 sale in 12 months3 - 3 1/2 Storey Shop · 8Detached · 22 - 2 1/2 Storey Shop · 1
RM 331psf median, against main floor area · 11 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 296335 psf
Median price
RM 1,250,000
Price range
RM 275kRM 1.35m
Main floor area
9744,533 sq ft
Land area
1,25915,683 sq ft
Median price per sq ft of land
RM 769

Median of 11 sales that carry a usable area, out of 11 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,356 sq ft against 3,776. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

1 sale in the 12 months to Sep 2025. Last on record: 2 Sep 2025.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20214 · RM 331 psf
20245 · RM 310 psf
20252 · RM 323 psf

Quarterly medians · not a price trend

2733233742021 Q4 — RM 331 psf, 4 sales2024 Q2 — RM 340 psf, 1 sale2024 Q3 — RM 293 psf, 4 sales2025 Q2 — RM 364 psf, 1 sale2025 Q3 — RM 282 psf, 1 sale
2021 Q42025 Q3
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Sarawak long or clean enough to state a direction, so this page states none.

Distribution · 11 priced sales

RM 260–272 psf — 1 saleRM 272–284 psf — 2 salesRM 284–296 psf — 0 salesRM 296–308 psf — 0 salesRM 308–320 psf — 1 saleRM 320–332 psf — 4 salesRM 332–343 psf — 1 saleRM 343–355 psf — 0 salesRM 355–367 psf — 1 saleRM 367–379 psf — 0 salesRM 379–391 psf — 0 salesRM 391–403 psf — 0 salesRM 403–415 psf — 0 salesRM 415–427 psf — 1 sale
RM 260RM 427 psf

Each bar counts sales in a RM 12 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 11 of 11

DateTypeArea (sq ft)PricepsfTenure
2 Sep 2025Detached974RM 275,000282Leasehold
21 Apr 20252 - 2 1/2 Storey Shop3,020RM 1,100,000364Leasehold
20 Aug 20243 - 3 1/2 Storey Shop4,358RM 1,350,000310Leasehold
19 Jul 2024Detached1,231RM 545,000443Leasehold
18 Jul 20243 - 3 1/2 Storey Shop2,848RM 729,100256Leasehold
5 Jul 20243 - 3 1/2 Storey Shop4,533RM 1,250,000276Leasehold
6 Jun 20243 - 3 1/2 Storey Shop2,848RM 968,000340Leasehold
15 Oct 20213 - 3 1/2 Storey Shop3,776RM 1,250,000331Leasehold
15 Oct 20213 - 3 1/2 Storey Shop3,776RM 1,250,000331Leasehold
15 Oct 20213 - 3 1/2 Storey Shop3,776RM 1,250,000331Leasehold
15 Oct 20213 - 3 1/2 Storey Shop3,776RM 1,250,000331Leasehold

Others in Bahagian Miri · commercial

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.