Terraced House Prices in Miri: Updated Market Insights and Buyer Trends (2023–2025)

Terraced houses have long served as the foundation of Miri’s residential landscape, providing families with a balance of affordability, practicality, and long-term value. As Miri develops into an increasingly vibrant coastal city, demand for landed homes has remained resilient. An analysis of real transaction records from Malaysia’s Open Sales Data portal reveals telling insights into pricing trends, buyer behaviour, and the future outlook for terraced units across the region.

Between 2023 and 2025, terraced homes have consistently transacted within the RM350,000 to RM420,000 range. While other markets in Malaysia have shown fluctuations in response to economic uncertainty, Miri’s terraced segment has remained surprisingly stable. This reliability—combined with strong neighbourhood demand—has reinforced terraced houses as the preferred choice for first-time buyers and young families looking for long-term residential security.

The Role of Terraced Houses in Miri’s Housing Market

When exploring Miri’s residential landscape, one thing becomes clear: terraced homes are more than just a property type—they are an essential part of the community’s growth and housing evolution. As early as the 1990s, rows of terraced units began shaping neighbourhoods and establishing family-friendly environments. Today, these areas remain alive with activity, offering convenience, connectivity, and affordability.

To understand why terraced houses remain such a vital component of the market, one must look beyond the numbers and into the daily routines of Miri residents. Many households enjoy the sense of neighbourhood familiarity, where children play along connected streets and families socialise during evening walks. These lived experiences continue to strengthen demand for terraced units despite the growing availability of high-rise alternatives.

Affordability as a Primary Driver

While Miri’s semi-detached and detached homes cater to mid-to-upper income groups, terraced houses remain a more accessible stepping stone into homeownership. The price bracket of RM350,000–RM420,000 allows middle-income families to build equity while staying within manageable mortgage commitments. For many, this affordability forms the foundation of their long-term financial planning.

The affordability factor also resonates with Miri’s younger demographic—teachers, engineers, oil and gas professionals, and new parents—who seek comfortable homes without sacrificing financial stability. For these buyers, terraced units offer exactly the right mix of price, practicality, and growth potential.

Neighbourhoods Showing Strong Demand (2023–2025)

A close examination of transaction records highlights several key neighbourhoods where terraced houses continue to perform strongly. These areas not only maintain consistent demand but also show signs of increasing desirability due to location, amenities, and community appeal.

Amfield Garden

Amfield Garden stands out as one of Miri’s most active terraced housing zones. Located within an accessible and mature residential corridor, the neighbourhood has maintained a steady flow of transactions between 2023 and 2025. Buyers are attracted to its blend of practical home designs, strong access routes, and proximity to essential amenities.

Prices during this period have ranged from RM360,000 to RM410,000, with variations influenced by lot size, renovation status, and property age. The consistent demand reflects the area’s strength as both a family-oriented neighbourhood and a stable investment option.

Chieng Sons Garden

Another notable performer, Chieng Sons Garden, continues to draw interest from young families and long-term owner-occupiers. With terraced homes featuring built-ups of approximately 90–120 sq.m and land sizes averaging 300–400 sq.m, the neighbourhood offers value that many new launches cannot match.

Transactions in Chieng Sons Garden also fall within the general market range, typically between RM350,000 and RM420,000. Its appeal lies in a peaceful surroundings, accessible roads, and a strong sense of community—elements highly sought after by lifestyle-focused buyers.

What Real Transaction Data Reveals About Buyer Behaviour

While surface-level pricing trends are helpful, deeper insights emerge when observing buyer behaviour across the 2023–2025 period. Miri’s terraced house demand reflects a thoughtful and practical mindset among local homebuyers. Several patterns stand out.

Preference for Landed Living Over High-Rise Options

Despite the rising number of serviced apartments and condominiums in Miri, landed homes—especially terraced houses—continue to dominate actual transactions. Buyers often prioritise privacy, space, and long-term growth potential. For many households, the opportunity to own a piece of land remains a significant factor in their purchasing decision.

Desire for Practical Spaces Over Luxury Features

Transaction patterns suggest that buyers prefer well-designed, functional spaces over homes that feature elaborate finishes. Terraced houses tend to strike this balance by offering manageable square footage, comfortable layouts, and the ability for future renovation or extension.

Strong Interest in Neighbourhood Stability

Many terraced housing buyers gravitate toward neighbourhoods with predictable community behaviour, established traffic patterns, and existing amenities. This preference explains why mature areas like Amfield Garden and Chieng Sons Garden continue to outperform newer, less tested developments.

Price Stability: A Key Strength of Miri’s Terraced Segment

One of the most compelling characteristics of terraced house prices in Miri is their stability. Even during periods of economic uncertainty, the pricing band has remained firmly within the RM350,000–RM420,000 range. This consistency offers reassurance to both homeowners and investors.

Several factors contribute to this stability:

• Terraced units meet long-term demand from a wide buyer pool.
• Miri’s population growth is steady, supporting housing needs.
• Landed homes historically retain value better than high-rise options in the region.
• Mature neighbourhoods experience low vacancy rates.

Because of this reliability, terraced houses are widely viewed as one of Miri’s safest residential property types for long-term appreciation.

Built-Up Sizes and Land Areas: How They Influence Pricing

Most terraced units transacted between 2023 and 2025 fall within the 90–120 sq.m range for built-ups. These dimensions comfortably suit small to medium families, offering enough space for daily living without imposing hefty maintenance demands.

Similarly, land sizes of 300–400 sq.m strike a sweet spot between affordability and land value. Buyers appreciate the opportunity for gardening, small outdoor gatherings, or future extensions—an advantage that high-rise units cannot replicate.

Future Outlook: Will Terraced House Prices Continue Rising?

Several indicators suggest that terraced house prices in Miri will continue their gradual upward trend. Demand is unlikely to diminish, especially as new households form and economic activities expand across the region. Additionally, planned developments, improved infrastructure, and enhancements to public amenities are expected to further elevate housing desirability.

Investors who prioritise long-term stability and consistent rental markets will likely continue viewing terraced homes as a safe and rewarding option. As industries such as oil and gas, education, and tourism strengthen their foothold in Miri, the overall housing demand is expected to grow in tandem.

Who Should Consider Buying a Terraced Home in Miri?

While terraced houses are suitable for a wide demographic, certain buyer groups stand to benefit the most:

• Young families seeking a balance of affordability and space.
• First-time buyers looking for stable entry points into the property market.
• Investors prioritising low vacancy risk and steady rental demand.
• Upgraders moving from apartments to landed homes.
• Retirees seeking manageable landed properties in peaceful neighbourhoods.

These groups often prioritise practicality and long-term value—qualities that terraced homes consistently deliver.

Story Spotlight: A Young Family’s Search for the Ideal Terraced Home

In late 2024, a young couple—Daniel and Melissa—began searching for their first home in Miri. Like many others, they initially explored apartments near commercial hubs, but soon found themselves drawn to landed living. The couple wanted space for a future family, a quiet neighbourhood, and the flexibility for renovations down the road.

Their property agent introduced them to Chieng Sons Garden. As they drove along the neatly arranged terraced rows, Melissa pictured weekend mornings tending to a small herb garden while Daniel imagined transforming the extra room into a home office.

They eventually purchased a 110 sq.m terraced unit for RM385,000—giving them not only a home, but also the foundation to grow their life together. Stories like theirs are common across Miri, where terraced houses continue to provide opportunities for families building their future.

Frequently Asked Questions (FAQ)

Are terraced houses in Miri still affordable in 2025?

Yes. Prices typically range from RM350,000 to RM420,000, making them one of the most accessible landed property types in Miri’s market.

Which neighbourhoods have the strongest demand for terraced homes?

Amfield Garden and Chieng Sons Garden continue to show strong demand due to their strategic locations, community appeal, and practical property layouts.

Do terraced houses in Miri offer good investment potential?

Absolutely. Their stable prices, consistent rental demand, and broad buyer appeal make them strong candidates for long-term investment.

How does real transaction data help buyers?

Data from the Open Sales Data portal reveals real market behaviour, enabling buyers to make informed, strategic decisions.

Will terraced house prices continue to rise?

While growth may be moderate, long-term appreciation is expected thanks to strong demand, population growth, and stable neighbourhood appeal.