NYABAU INDUSTRIAL PARK

NYABAU INDUSTRIAL PARK in Bahagian Bintulu, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 1.28 million and a median price per square foot (PSF) of RM 168.

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 1.28 million, with most transactions falling within a stable range of RM 1.25 million to RM 1.30 million, and a typical market range of RM 1.26 million to RM 1.29 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 168, though individual units vary from RM 130 to RM 205 in the core range. The broader market spans RM 148.75 to RM 186.25, indicating diverse property characteristics. The spread of RM 37.50 (IQR) and deviation of RM 38 (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. 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.