Area Intelligence

SIBU TOWN SQUARE COMMERCIAL CENTRE

6 properties
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Median Price
RM 1,295,000
PSF: RM 1,036

Commercial Market

Median Price

RM 1,295,000

IQR: RM 124
MAD: RM 67
RM 1,036 PSF 0.2%

PSF Trends (2021-2025)

SIBU TOWN SQUARE COMMERCIAL CENTRE in Bahagian Sibu, Sarawak recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 1,036.

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 1.30 million, with most transactions falling within a stable range of RM 1.22 million to RM 1.37 million, and a typical market range of RM 1.24 million to RM 1.35 million.

Most transactions involved 4 - 4 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 1,036, with most transactions between RM 969 and RM 1,103. The usual range is RM 973.63 to RM 1,097.38, showing that most units are priced quite close to each other. With an IQR of RM 123.75 and MAD of RM 67, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SIBU TOWN SQUARE COMMERCIAL CENTRE, Bahagian Sibu, Sarawak

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Transactions

6 properties found

4-Storey Storey Shop LORONG LAU KING HOWE
RM 1,200,000
1,181 sqft Feb 2024
RM 1,016.00 PSF
4-Storey Storey Shop LORONG LAU KING HOWE
RM 1,300,000
1,181 sqft Jan 2024
RM 1,101.00 PSF
4-Storey Storey Shop BLOCK 10,UPPER LANANG ROAD, SIBU
RM 1,000,000
1,214 sqft Oct 2023
RM 824.00 PSF
4-Storey Storey Shop JALAN HOSPITAL
RM 1,400,000
1,476 sqft Dec 2022
RM 949.00 PSF
4-Storey Storey Shop LORONG LAU KING HOWE
RM 1,290,000
1,223 sqft Dec 2022
RM 1,055.00 PSF
4-Storey Storey Shop LORONG LAU KING HOWE
RM 1,350,000
1,223 sqft Jun 2022
RM 1,104.00 PSF