Area Intelligence

MEDAN JAYA COMMERCIAL CENTRE

8 properties
Median Price
RM 385,000
PSF: RM 301

Commercial Market

Median Price

RM 385,000

IQR: RM 387
MAD: RM 92
RM 301 PSF 208.1%

PSF Trends (2021-2025)

MEDAN JAYA COMMERCIAL CENTRE in Bahagian Bintulu, Sarawak recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 385K and a median price per square foot (PSF) of RM 301.

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 385K, with most transactions falling within a stable range of RM 275K to RM 495K, and a typical market range of RM 250K to RM 520K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 301, though individual units vary from RM 210 to RM 393 in the core range. The broader market spans RM 107.63 to RM 494.38, indicating diverse property characteristics. A wider spread (IQR: RM 386.75) and deviation (MAD: RM 92) 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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MEDAN JAYA COMMERCIAL CENTRE, Bahagian Bintulu, Sarawak

OSM

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Transactions

8 properties grouped by size

800 sqft 1 units Shop/Retail Lot
RM 630,000 PSF: RM 767
Price PSF Size Date
RM 630,000
RM 767.00
821 sqft
Jul 2023
900 sqft 1 units Shop/Retail Lot
RM 550,000 PSF: RM 622
Price PSF Size Date
RM 550,000
RM 622.00
884 sqft
Jul 2023
1,000 sqft 1 units Shop/Retail Lot
RM 300,000 PSF: RM 305
Price PSF Size Date
RM 300,000
RM 305.00
984 sqft
Jul 2023
1,150 sqft 1 units Shop/Retail Lot
RM 250,000 PSF: RM 213
Price PSF Size Date
RM 250,000
RM 213.00
1,174 sqft
Jul 2023
1,200 sqft 1 units Shop/Retail Lot
RM 350,000 PSF: RM 297
Price PSF Size Date
RM 350,000
RM 297.00
1,179 sqft
Jul 2023
1,300 sqft 1 units 3-Storey Storey Shop
RM 1,200,000 PSF: RM 915
Road Price PSF Size Date
JALAN TUN HUSSEIN ONN
RM 1,200,000
RM 915.00
1,312 sqft
Feb 2024
1,450 sqft 2 units Shop/Retail Lot
RM 300,000 - 420,000 PSF: RM 249
Price PSF Size Date
RM 420,000
RM 291.00
1,442 sqft
Jul 2023
RM 300,000
RM 206.00
1,457 sqft
Jul 2023