Area Intelligence

TOWN SQUARE BINTULU

3 properties
2022
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Median Price
RM 2,222,000
PSF: RM 1,143

Commercial Market

Median Price

RM 2,222,000

IQR: RM 317
MAD: RM 92
RM 1,143 PSF

PSF Trends (2021-2025)

TOWN SQUARE BINTULU in Bahagian Bintulu, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 2.22 million and a median price per square foot (PSF) of RM 1,143.

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 2.22 million, with most transactions falling within a stable range of RM 1.34 million to RM 2.37 million, and a typical market range of RM 1.74 million to RM 2.37 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 1,143, though individual units vary from RM 864 to RM 1,422 in the core range. The broader market spans RM 984.75 to RM 1,301.25, indicating diverse property characteristics. The spread of RM 316.50 (IQR) and deviation of RM 279 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TOWN SQUARE BINTULU, Bahagian Bintulu, Sarawak

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Transactions

3 properties found

3-Storey Storey Shop
JALAN TUN AHMAD ZAIDI
RM 2,367,000
PSF: RM 1,143.00
Area: 2,071 sqft
Date: Dec 2022
3-Storey Storey Shop
JALAN TUN AHMAD ZAIDI
RM 2,222,000
PSF: RM 1,235.00
Area: 1,800 sqft
Date: Jun 2022
SOHO/SOFO/SOVO
RM 420,000
PSF: RM 602.00
Area: 698 sqft
Date: May 2022