Chong Shin Commercial Centre
Commercial Transaction Prices
Chong Shin Commercial Centre is a township/project located in Bahagian Miri, Sarawak. The median transacted price for Chong Shin Commercial Centre is RM 1,475,000 with a median transacted price of RM 983.46 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 1,475,000
- YoY
Lower: RM 1,200,000
Upper: RM 1,750,000
Median price per sq.ft. (psf)
RM 983.46
- YoY
Lower: RM 915.30
Upper: RM 1,051.62
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Chong Shin Commercial Centre Median Price Psf
Latest Transactions from Nov 22 to Oct 23
(2 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Unit Level | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|---|
| October 2023 | Shop | Freehold | Jalan Pujut 7 | 1,311.04 sq.ft | 3,678.02 sq.ft | RM 1,200,000 | RM 915 | |
| October 2023 | Shop | Freehold | Jalan Pujut 7 | 1,664.10 sq.ft | 4,666.15 sq.ft | RM 1,750,000 | RM 1,052 |
October 2023
Type: Shop
Tenure: Freehold
Road: Jalan Pujut 7
Land Area: 1,311.04 sq.ft
Build Area: 3,678.02 sq.ft
Transaction: RM 1,200,000
Price PSF: RM 915
October 2023
Type: Shop
Tenure: Freehold
Road: Jalan Pujut 7
Land Area: 1,664.10 sq.ft
Build Area: 4,666.15 sq.ft
Transaction: RM 1,750,000
Price PSF: RM 1,052
Frequently Asked Questions
What factors affect commercial property prices in Chong Shin Commercial Centre, Bahagian Miri?
Commercial property prices in Chong Shin Commercial Centre, Bahagian Miri are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Chong Shin Commercial Centre, Bahagian Miri?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Chong Shin Commercial Centre, Bahagian Miri.
How have commercial property prices changed recently in Chong Shin Commercial Centre, Bahagian Miri?
In the past 12 months, commercial property prices in Chong Shin Commercial Centre, Bahagian Miri have decreased by % YoY.
What is the median price for commercial property in Chong Shin Commercial Centre, Bahagian Miri?
The median price for commercial property in Chong Shin Commercial Centre, Bahagian Miri is RM 1,475,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.