LIGHT INDUSTRIAL ESTATE

LIGHT INDUSTRIAL ESTATE in Bahagian Bintulu, Sarawak recorded 1 subsale transactions in 2022, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 204.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 204, with most transactions between RM 204 and RM 204. The usual range is RM 196.50 to RM 211.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.