SIBIYU JAYA COMMERCIAL CENTRE

SIBIYU JAYA COMMERCIAL CENTRE in Bahagian Bintulu, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 808K and a median price per square foot (PSF) of RM 686.

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 808K, with most transactions falling within a stable range of RM 765K to RM 850K, and a typical market range of RM 765K to RM 850K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 686, with most transactions between RM 650 and RM 721. The usual range is RM 620.63 to RM 750.38, showing that most units are priced quite close to each other. With an IQR of RM 129.75 and MAD of RM 36, 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.