LUTONG BARU
Bahagian Miri, Sarawak · Leasehold · 44 transactions
Median Price
RM430K
RM360K – RM490K
Median PSF
RM302
RM260 – RM373
Transactions
44
2021-10 to 2025-08
Size Range
678 – 2713
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for LUTONG BARU
Investment Return
Earliest PSF (2021)
RM284
Current PSF (2025)
RM346
Capital Gain
+21.6%
Total Return (est.)
9.7% p.a.
| Capital appreciation (4 years) | +21.6% |
| Annualised capital return | +5.4% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 9.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +24.8% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Sarawak district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 700 sqft | 5 | RM270K | RM398 |
| 1,000 sqft | 3 | RM350K | RM350 |
| 1,100 sqft | 2 | RM500K | RM451 |
| 1,200 sqft | 3 | RM429K | RM362 |
| 1,300 sqft | 2 | RM450K | RM346 |
| 1,350 sqft | 4 | RM520K | RM383 |
| 1,450 sqft | 2 | RM480K | RM335 |
| 1,550 sqft | 4 | RM380K | RM249 |
| 1,700 sqft | 3 | RM475K | RM279 |
| 1,750 sqft | 2 | RM430K | RM244 |
| 1,800 sqft | 2 | RM620K | RM349 |
| 1,850 sqft | 2 | RM690K | RM373 |
Market Verdict
PSF Trend: Appreciating
PSF moved from RM284 (2021) to RM346 (2025)
Liquidity: Moderate
44 transactions over 4 years (~11/year)
30% below Bahagian Miri average
This project: RM302 PSF vs Bahagian Miri median: RM431 PSF
Est. Total Return: 9.7% p.a. (beats FD)
Capital gain (5.4% p.a.) + rental yield (~4.3% p.a.)
Verdict
LUTONG BARU delivers a strong estimated total return of 9.7% p.a. — comprising +5.4% capital appreciation and ~4.3% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 30% below the Bahagian Miri average — potentially undervalued. Best suited for capital gain seekers, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 44| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Aug 2025 | 2 - 2 1/2 Storey Semi-Detached | Leasehold | 1,851 | RM373 | RM690K |
| Jun 2025 | 1 - 1 1/2 Storey Terraced | Leasehold | 1,076 | RM260 | RM280K |
| Apr 2025 | 1 - 1 1/2 Storey Semi-Detached | Leasehold | 1,302 | RM346 | RM450K |
| Feb 2025 | 1 - 1 1/2 Storey Semi-Detached | Leasehold | 1,109 | RM451 | RM500K |
| Feb 2025 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,938 | RM199 | RM385K |
39 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 44 records
3 interactive charts
Scatter, price & PSF vs Bahagian Miri & Sarawak
Percentile breakdown
25th, 50th, 75th price & PSF
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