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SIN SIANG HAI(PALM VILLA 1) SHOPHOUSE

Bahagian Miri, Sarawak · Commercial · 5 recorded sales, Sep 2023 to Aug 2024

No sale recorded since Aug 20242 - 2 1/2 Storey Shop · 5
RM 348psf median, against main floor area · 5 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 348 – 348 psf
Median price
RM 600,000
Price range
RM 600k – RM 600k
Main floor area
1,723 – 1,723 sq ft
Land area
1,267 – 1,267 sq ft
Median price per sq ft of land
RM 474

Median of 5 sales that carry a usable area, out of 5 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 1,267 sq ft against 1,723. 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

No recorded sale in the 12 months to Aug 2024. Last on record: 30 Aug 2024.

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.

20234 · RM 348 psf
20241 · RM 348 psf

Quarterly medians · not a price trend

3133483832023 Q3 — RM 348 psf, 4 sales2024 Q3 — RM 348 psf, 1 sale
2023 Q32024 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.

Most recent sales · 5 of 5

DateTypeArea (sq ft)PricepsfTenure
30 Aug 20242 - 2 1/2 Storey Shop1,723RM 600,000348Leasehold
8 Sep 20232 - 2 1/2 Storey Shop1,723RM 600,000348Leasehold
8 Sep 20232 - 2 1/2 Storey Shop1,723RM 600,000348Leasehold
8 Sep 20232 - 2 1/2 Storey Shop1,723RM 600,000348Leasehold
8 Sep 20232 - 2 1/2 Storey Shop1,723RM 600,000348Leasehold

Others in Bahagian Miri · commercial

DESA SENADIN PHASE 8
RM 257 psf · 52 sales
MARINA SQUARE
RM 401 psf · 33 sales
ASSAR COMMERCIAL CENTRE MIRI
RM 254 psf · 31 sales
BANDAR MIRI
RM 325 psf · 22 sales
MERDEKA MALL
20 sales
KAWASAN KROKOP/JEE FOH
RM 311 psf · 14 sales
TAMAN LAMBIR JAYA (COMMERCIAL)
RM 332 psf · 12 sales
PIASAU BUSINESS CENTRE
RM 309 psf · 11 sales

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.