Area Intelligence

BANDAR SARIKEI

4 properties
3-Storey Storey Shop
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Median Price
RM 900,000
PSF: RM 611

Residential Market

Median Price

RM 450,000

IQR: RM 58
MAD: RM 30
RM 155 PSF 4.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 900,000

IQR: RM 690
MAD: RM 314
RM 611 PSF 8.3%

PSF Trends (2021-2025)

BANDAR SARIKEI in Bahagian Sarikei, Sarawak recorded 4 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 900K and a median price per square foot (PSF) of RM 611.

This area contains both residential and commercial properties. View 7 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 900K, with most transactions falling within a stable range of RM 523K to RM 970K, and a typical market range of RM 551K to RM 970K.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 611, though individual units vary from RM 311 to RM 910 in the core range. The broader market spans RM 359.13 to RM 861.88, indicating diverse property characteristics. A wider spread (IQR: RM 502.75) and deviation (MAD: RM 300) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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BANDAR SARIKEI, Bahagian Sarikei, Sarawak

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Transactions

4 properties grouped by size

1,150 sqft
1 units 3-Storey Storey Shop
RM 970,000
SARIKEI
1,161 sqft · RM 835.00 PSF
Oct 2024
1,200 sqft
1 units 3-Storey Storey Shop
RM 850,000
JUNCTION OF JALAN REPOK
1,214 sqft · RM 700.00 PSF
Jan 2021
1,350 sqft
1 units 3-Storey Storey Shop
RM 58,000
JALAN BEREK
1,340 sqft · RM 43.00 PSF
Mar 2025
1,800 sqft
1 units 3-Storey Storey Shop
RM 950,000
SARIKEI MUNICIPAL AREA
1,824 sqft · RM 521.00 PSF
Apr 2024