BANDAR SIBU
Commercial Market
Median Price
RM 850,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
4-Storey Storey Shop
8 properties
Median Price
RM 814,500
-53.6% CAGR
Median PSF
RM 588.50
-47.0% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 1,280,000
Median PSF
RM 825.00
Semi-D Factory
1 properties
Median Price
RM 800,000
Median PSF
RM 394.00
Shop/Retail Lot
1 properties
Median Price
RM 720,000
Median PSF
RM 2,195.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| 4-Storey Storey Shop | 8 |
RM 814,500
±136K MAD
|
-53.58% |
RM 588.50
±102 MAD
|
-46.97% | |
| 3-Storey Storey Shop | 1 |
RM 1,280,000
|
- |
RM 825.00
|
- | |
| Semi-D Factory | 1 |
RM 800,000
|
- |
RM 394.00
|
- | |
| Shop/Retail Lot | 1 |
RM 720,000
|
- |
RM 2,195.00
|
- |
BANDAR SIBU in Bahagian Sibu, Sarawak recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 850K and a median price per square foot (PSF) of RM 732.
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 850K, with most transactions falling within a stable range of RM 720K to RM 980K, and a typical market range of RM 707K to RM 993K.
Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 732, with core pricing between RM 591 and RM 873. Market pricing typically extends from RM 601.75 to RM 862.25, reflecting moderate variation in unit pricing. The spread of RM 260.50 (IQR) and deviation of RM 141 (MAD) suggest moderate price variations reflecting different property features.
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.
Filter by type, year, price, and size
Transactions
11 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 720,000
|
RM 2,195.00
|
328 sqft
|
Oct 2024
|
|
BLOK 6, JALAN CHENGAL, SIBU
|
RM 900,000
|
RM 773.00
|
1,164 sqft
|
Jul 2024
|
|
|
JALAN UPPER LANANG
|
RM 850,000
|
RM 732.00
|
1,161 sqft
|
Apr 2024
|
|
JLN CHENGAL, SIBU
|
RM 100,000
|
RM 85.00
|
1,182 sqft
|
Mar 2025
|
|
|
WORKSHOP ROAD
|
RM 1,200,000
|
RM 1,017.00
|
1,180 sqft
|
Jul 2024
|
|
|
JALAN CHENGAL
|
RM 850,000
|
RM 719.00
|
1,182 sqft
|
May 2024
|
|
|
JALAN CHENGAL
|
RM 729,000
|
RM 607.00
|
1,200 sqft
|
Nov 2023
|
|
JALAN LONG BRIDGE
|
RM 1,100,000
|
RM 873.00
|
1,260 sqft
|
Jul 2024
|
|
BLOK 3,JALAN MERDEKA, SIBU
|
RM 1,280,000
|
RM 825.00
|
1,552 sqft
|
Aug 2023
|
|
JALAN CHENGAL
|
RM 1,000,000
|
RM 570.00
|
1,753 sqft
|
Jul 2022
|
|
LANANG ROAD, SIBU
|
RM 800,000
|
RM 394.00
|
2,030 sqft
|
Aug 2024
|