SIBIYU LIGHT INDUSTRIAL ESTATE

SIBIYU LIGHT INDUSTRIAL ESTATE in Bahagian Bintulu, Sarawak recorded 4 subsale transactions in 2022, with a median price of RM 940K and a median price per square foot (PSF) of RM 138.

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 940K, with most transactions falling within a stable range of RM 800K to RM 1.27 million, and a typical market range of RM 800K to RM 1.11 million.

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

The median PSF stands at RM 138, with core pricing between RM 123 and RM 153. Market pricing typically extends from RM 114.25 to RM 161.75, reflecting moderate variation in unit pricing. With an IQR of RM 47.50 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.