Area Intelligence

BANDAR SIBU JAYA

8 properties
Low-Cost Flat
Median Price
RM 60,000
PSF: RM 110

Residential Market

Median Price

RM 60,000

IQR: RM 38
MAD: RM 22
RM 110 PSF 11.2%

PSF Trends (2021-2025)

BANDAR SIBU JAYA in Bahagian Sibu, Sarawak recorded 8 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 60K and a median price per square foot (PSF) of RM 110.

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 60K, with most transactions falling within a stable range of RM 55K to RM 71K, and a typical market range of RM 55K to RM 85K.

Within the Low-Cost Flat category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 110, though individual units vary from RM 83 to RM 137 in the core range. The broader market spans RM 91.25 to RM 128.75, indicating diverse property characteristics. The spread of RM 37.50 (IQR) and deviation of RM 27 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR SIBU JAYA, Bahagian Sibu, Sarawak

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Transactions

8 properties grouped by size

500 sqft 3 units Low-Cost Flat
RM 57,000 - 84,000 PSF: RM 139
Price PSF Size Date
RM 84,000
RM 175.00
480 sqft
May 2024
RM 57,000
RM 118.00
485 sqft
Nov 2023
RM 60,000
RM 125.00
479 sqft
Feb 2022
650 sqft 5 units Low-Cost Flat
RM 55,000 - 85,000 PSF: RM 102
Price PSF Size Date
RM 85,000
RM 133.00
639 sqft
Oct 2024
RM 55,000
RM 86.00
639 sqft
Mar 2023
RM 60,000
RM 94.00
639 sqft
Feb 2023
RM 65,000
RM 102.00
639 sqft
Jun 2022
RM 60,000
RM 94.00
639 sqft
Mar 2022