Area Intelligence

BANDAR SIBUGA JAYA

2 properties
2023
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Median Price
RM 1,203,000
PSF: RM 1,315

Commercial Market

Median Price

RM 1,203,000

IQR: RM 293
MAD: RM 54
RM 1,315 PSF 18.3%

PSF Trends (2021-2025)

BANDAR SIBUGA JAYA in Sandakan, Sabah recorded 2 subsale transactions in 2023, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 1,315.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.20 million, with most transactions falling within a stable range of RM 756K to RM 1.65 million, and a typical market range of RM 1.13 million to RM 1.28 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 1,315, though individual units vary from RM 756 to RM 1,874 in the core range. The broader market spans RM 1,168.63 to RM 1,461.38, indicating diverse property characteristics. A wider spread (IQR: RM 292.75) and deviation (MAD: RM 559) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR SIBUGA JAYA, Sandakan, Sabah

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Transactions

2 properties grouped by size

900 sqft
1 units Double Storey Shop
RM 1,650,000
JALAN LABUK
880 sqft · RM 1,874.00 PSF
Apr 2023
1,000 sqft
1 units Double Storey Shop
RM 756,000
OFF JALAN LEILA
1,000 sqft · RM 756.00 PSF
Jul 2023