Area Intelligence

BANDAR SIBU

11 properties
Median Price
RM 850,000
PSF: RM 732

Commercial Market

Median Price

RM 850,000

IQR: RM 261
MAD: RM 141
RM 732 PSF 16.5%

PSF Trends (2021-2025)

BANDAR SIBU in Bahagian Sibu, Sarawak recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 850K and a median price per square foot (PSF) of RM 732.

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 850K, with most transactions falling within a stable range of RM 720K to RM 980K, and a typical market range of RM 707K to RM 993K.

Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 732, with core pricing between RM 591 and RM 873. Market pricing typically extends from RM 601.75 to RM 862.25, reflecting moderate variation in unit pricing. The spread of RM 260.50 (IQR) and deviation of RM 141 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR SIBU, Bahagian Sibu, Sarawak

OSM

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Transactions

11 properties found

4-Storey Storey Shop
JLN CHENGAL, SIBU
RM 100,000
PSF: RM 85.00
Area: 1,182 sqft
Date: Mar 2025
Shop/Retail Lot
RM 720,000
PSF: RM 2,195.00
Area: 328 sqft
Date: Oct 2024
Semi-D Factory
LANANG ROAD, SIBU
RM 800,000
PSF: RM 394.00
Area: 2,030 sqft
Date: Aug 2024
4-Storey Storey Shop
BLOK 6, JALAN CHENGAL, SIBU
RM 900,000
PSF: RM 773.00
Area: 1,164 sqft
Date: Jul 2024
4-Storey Storey Shop
JALAN LONG BRIDGE
RM 1,100,000
PSF: RM 873.00
Area: 1,260 sqft
Date: Jul 2024
4-Storey Storey Shop
WORKSHOP ROAD
RM 1,200,000
PSF: RM 1,017.00
Area: 1,180 sqft
Date: Jul 2024
4-Storey Storey Shop
JALAN CHENGAL
RM 850,000
PSF: RM 719.00
Area: 1,182 sqft
Date: May 2024
4-Storey Storey Shop
JALAN UPPER LANANG
RM 850,000
PSF: RM 732.00
Area: 1,161 sqft
Date: Apr 2024
4-Storey Storey Shop
JALAN CHENGAL
RM 729,000
PSF: RM 607.00
Area: 1,200 sqft
Date: Nov 2023
3-Storey Storey Shop
BLOK 3,JALAN MERDEKA, SIBU
RM 1,280,000
PSF: RM 825.00
Area: 1,552 sqft
Date: Aug 2023
4-Storey Storey Shop
JALAN CHENGAL
RM 1,000,000
PSF: RM 570.00
Area: 1,753 sqft
Date: Jul 2022