Miri Commercial Property Prices (2026)
A shop or office in Miri typically sells for RM 309 per sq ft of floor space, based on 244 sales from 2021 to 2026. That is 4% more than the typical shop or office in Sarawak, and about the same as across Malaysia.
Before you buy or sell in Miri
- A 3-storey shop costs about RM 50 more per sq ft than a 2-storey shop here.
- Leasehold shops and offices sold for more here, RM 310 per sq ft against RM 273 for freehold.
- MalaysiaRM 313
- MiriRM 309
- SarawakRM 296
- Typical sale priceRM 950,000
- Sales recorded244
- PeriodOct 2021 to May 2026
- Freehold4% of sales
What does "typical" mean here?
Line up every sale from cheapest to most expensive and take the one in the middle: half sold for more, half for less. Unlike an average, one RM 40 million mega-deal cannot drag it up.
Prices by property type in Miri
| Property type | Sales | Typical price | Typical per sq ft |
|---|---|---|---|
| 2-storey shop | 62 | RM 610,000 | RM 271 |
| 3-storey shop | 112 | RM 1.3M | RM 324 |
| Shop, 4 storeys or more | 16 | RM 1.6M | RM 323 |
| Retail lot (strata) | 43 | RM 220,000 | RM 329 |
| SOHO/SOFO/SOVO | 11 | RM 580,000 | RM 743 |
Types with fewer than 10 sales are left out, because a handful of deals can swing the figure.
Price per sq ft by year in Miri
| Year | Typical per sq ft | Sales |
|---|---|---|
| 2022 | RM 307 | 64 |
| 2023 | RM 305 | 63 |
| 2024 | RM 328 | 60 |
| 2025 | RM 306 | 34 |
Freehold or leasehold in Miri
- FreeholdRM 273 per sq ft, 10 sales
- LeaseholdRM 310 per sq ft, 234 sales
Leasehold shops and offices sold for more here, RM 310 per sq ft against RM 273 for freehold.
Compare Sarawak areas
Orange line: Sarawak typical, RM 296. Dashed line: Malaysia typical, RM 313.
Selling a shop or office in Miri?
Jay Kew (REN57969) checks your price against the sales on this page. Free.
Questions about Miri shop and office prices
What is the average shop price per sq ft in Miri?
The typical shop or office in Miri sold for RM 309 per sq ft of floor space from 2021 to 2026, based on 244 sales.
How much does a 3-storey shop cost in Miri?
A typical 3-storey shop in Miri sold for RM 1.3M, or RM 324 per sq ft, based on 112 sales.
Is freehold more expensive than leasehold in Miri?
Leasehold shops and offices sold for more here, RM 310 per sq ft against RM 273 for freehold.
How these figures are worked out
Source: NAPIC Open Sales Data, sales recorded from October 2021 to May 2026. "Typical" is the median: half of the sales were higher, half lower. "Half of sales between" is the 25th to 75th percentile. We leave out sales under RM 50 or over RM 5,000 per sq ft, and landed sales whose recorded floor space is under a fifth of the land (usually the office floor only). Strata units use their unit area. A place needs 30 sales for a page, a type 10 sales for a row and a year 20 sales for a bar. NAPIC adds late sales for months, so the latest year is incomplete. Last updated 10 October 2026. Figures prepared by Jasper Wu (data) and Jay Kew, REN57969.