Pujut Miri

Pujut is a thriving residential area located in Miri, Sarawak, offering a harmonious blend of urban convenience and natural beauty.

Known for its diverse range of properties, Pujut caters to families, retirees, and investors alike.

With a growing community and numerous amenities, it represents an attractive option for those looking to settle in a peaceful yet vibrant environment.

Features

• Variety of Property Types: Pujut boasts an array of housing options including semi-detached homes, bungalows, terraced houses, and landed properties, catering to different preferences and budgets.
• Strategic Location: Located near Miri’s city center, residents enjoy easy access to essential services, shopping centers, schools, and recreational areas, offering a lifestyle of convenience.
• Community Amenities: The area is equipped with parks, educational institutions, and dining options that enhance the quality of life for families and individuals.
• Family-Friendly Environment: Pujut is known for its welcoming community spirit, making it an ideal place for families to thrive. Community events and activities foster connections among residents.
• Investment Potential: With steady property value appreciation and ongoing developments in Miri, investing in Pujut offers promising returns for homeowners and investors alike.
• Good Transportation Links: Well-connected road networks and public transport options make commuting easy for residents, ensuring quick access to the vibrant life of Miri.

Subsale Market Analaysis

1. Transaction Prices

The transaction prices in the Pujut sub-sale market vary widely depending on property type, location within Pujut, and specific features of each home.

Here’s a breakdown of recent transaction prices:

1. Semi-Detached Homes:
   • Price Range: RM360,000 to RM500,000
   • Average Transaction Price: Around RM450,000 These homes typically feature three to four bedrooms with ample living space, making them ideal for families.
2. Bungalows:
   • Price Range: RM500,000 to RM1,100,000
   • Average Transaction Price: Approximately RM650,000 Bungalows in Pujut are highly sought after due to their larger land areas and privacy, appealing to buyers looking for spacious family homes.
3. Terraced Houses:
   • Price Range: RM300,000 to RM490,000
   • Average Transaction Price: About RM400,000 These properties are popular among first-time buyers and smaller families due to their affordability and community feel.

2. Rental Prices

The rental market in Pujut has also been robust, with competitive rates reflecting the area’s desirability and amenities.

Below is an overview of rental prices based on property types:

1. Semi-Detached Homes:
   • Rental Price Range: RM1,200 to RM2,000 per month This type of property often attracts families looking for space and comfort.
2. Bungalows:
   • Rental Price Range: RM2,000 to RM3,500 per month Bungalows command higher rental prices due to their spaciousness and privacy, making them appealing for higher-income tenants.
3. Terraced Houses:
   • Rental Price Range: RM800 to RM1,500 per month These properties are popular among young professionals and small families due to their affordability.

3.Market Trends

The sub-sale market in Pujut is characterized by several trends:

• Increasing Demand: The growth in population and urbanization in Miri has led to increased demand for housing in Pujut. This trend is likely to continue as more people recognize the benefits of living in this area.
• Investment Opportunities: As property values continue to rise, Pujut presents a viable option for investors seeking rental income or capital appreciation. The diverse range of properties available allows investors to target different market segments.
• Community Development: Ongoing development projects in Miri enhance the overall attractiveness of Pujut. Improved infrastructure and amenities contribute positively to property values and rental demand.

Popular Areas in Pujut

1. Pujut 1

Pujut 1 is known for its family-friendly environment and accessibility to essential amenities.

This area features a mix of semi-detached homes and bungalows, making it ideal for families looking for spacious living arrangements.

Residents appreciate the close proximity to schools, parks, and shopping centers, ensuring that daily needs are easily met.

2. Pujut 2

Pujut 2 is another popular area known for its well-planned residential layout.

It offers a variety of housing options, including terraced houses and semi-detached homes. The community here is vibrant, with many local eateries and markets nearby.

Its strategic location provides easy access to major roads leading to Miri’s city center.

3. Pujut 5

Pujut 5 is favored for its serene atmosphere and larger land properties.

This area is perfect for those seeking more privacy and space. Many homes in Pujut 5 come with beautiful gardens and outdoor areas.

The neighborhood is also family-oriented, with schools and recreational facilities close by, making it an excellent choice for families.

4. Pujut 7

Pujut 7 has gained popularity due to its modern developments and proximity to commercial hubs.

This area features a mix of residential options, including landed properties and bungalows. Residents enjoy easy access to shopping centers, restaurants, and entertainment options, making it a lively place to live.

5. Pujut 8

Pujut 8 is known for its peaceful environment and well-maintained properties.

It offers a range of housing types suitable for different budgets. The area is ideal for those who value tranquility while still being close to urban conveniences.

Parks and recreational spaces in Pujut 8 provide ample opportunities for outdoor activities.

Comparative Analysis of Nearby Properties in Pujut