Miri Industrial Property Prices (2026)
A factory in Miri typically sells for RM 329 per sq ft of floor space, based on 89 sales from 2021 to 2026. That is 6% less than the typical factory in Sarawak, and 19% less than across Malaysia.
- MalaysiaRM 407
- SarawakRM 350
- MiriRM 329
- Typical sale priceRM 1M
- Sales recorded89
- PeriodFeb 2021 to May 2026
- Freehold2% 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 factory type in Miri
| Factory type | Sales | Typical price | Typical per sq ft |
|---|---|---|---|
| Semi-D factory | 74 | RM 1M | RM 341 |
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 361 | 22 |
| 2024 | RM 356 | 28 |
Freehold or leasehold in Miri
- LeaseholdRM 329 per sq ft, 87 sales
Land value in Miri
Price per sq ft of land: RM 189. The sale price divided by the land area, so it includes the building.
Compare Sarawak areas
Orange line: Sarawak typical, RM 350. Dashed line: Malaysia typical, RM 407.
Selling a factory in Miri?
Jay Kew (REN57969) checks your price against the sales on this page and the factories listed nearby. Free.
Questions about Miri factory prices
What is the average factory price per sq ft in Miri?
The typical factory in Miri sold for RM 329 per sq ft of floor space from 2021 to 2026, based on 89 sales.
How much is industrial land worth in Miri?
Factory sales in Miri work out at about RM 189 per sq ft of land, based on 89 sales of landed factories. That figure divides the sale price by the land area, so it includes the building.
How these figures are worked out
Source: NAPIC Open Sales Data, sales recorded from February 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.