Area Intelligence

BANDAR SIBU

11 properties
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Median Price
RM 850,000
PSF: RM 732

Commercial Market

Median Price

RM 850,000

IQR: RM 261
MAD: RM 141
RM 732 PSF 16.5%

PSF Trends (2021-2025)

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.

Area Location

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BANDAR SIBU, Bahagian Sibu, Sarawak

OSM

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Transactions

11 properties found

4-Storey Storey Shop JLN CHENGAL, SIBU
RM 100,000
1,182 sqft Mar 2025
RM 85.00 PSF
Shop/Retail Lot
RM 720,000
328 sqft Oct 2024
RM 2,195.00 PSF
Semi-D Factory LANANG ROAD, SIBU
RM 800,000
2,030 sqft Aug 2024
RM 394.00 PSF
4-Storey Storey Shop BLOK 6, JALAN CHENGAL, SIBU
RM 900,000
1,164 sqft Jul 2024
RM 773.00 PSF
4-Storey Storey Shop JALAN LONG BRIDGE
RM 1,100,000
1,260 sqft Jul 2024
RM 873.00 PSF
4-Storey Storey Shop WORKSHOP ROAD
RM 1,200,000
1,180 sqft Jul 2024
RM 1,017.00 PSF
4-Storey Storey Shop JALAN CHENGAL
RM 850,000
1,182 sqft May 2024
RM 719.00 PSF
4-Storey Storey Shop JALAN UPPER LANANG
RM 850,000
1,161 sqft Apr 2024
RM 732.00 PSF
4-Storey Storey Shop JALAN CHENGAL
RM 729,000
1,200 sqft Nov 2023
RM 607.00 PSF
3-Storey Storey Shop BLOK 3,JALAN MERDEKA, SIBU
RM 1,280,000
1,552 sqft Aug 2023
RM 825.00 PSF
4-Storey Storey Shop JALAN CHENGAL
RM 1,000,000
1,753 sqft Jul 2022
RM 570.00 PSF