SIBIYU LIGHT INDUSTRIAL ESTATE

SIBIYU LIGHT INDUSTRIAL ESTATE in Bahagian Bintulu, Sarawak recorded 1 subsale transactions in 2023, with a median price of RM 950K and a median price per square foot (PSF) of RM 172.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 172, with most transactions between RM 172 and RM 172. The usual range is RM 148.25 to RM 195.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.