BANDAR SIBU JAYA

BANDAR SIBU JAYA in Bahagian Sibu, Sarawak recorded 26 subsale transactions in 2024, with a median price of RM 220K and a median price per square foot (PSF) of RM 150.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 220K, with most transactions falling within a stable range of RM 165K to RM 275K, and a typical market range of RM 190K to RM 250K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 150, with core pricing between RM 125 and RM 175. Market pricing typically extends from RM 131.25 to RM 168.75, reflecting moderate variation in unit pricing. The spread of RM 37.50 (IQR) and deviation of RM 25 (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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.