BANDAR SIBU

BANDAR SIBU in Bahagian Sibu, Sarawak recorded 1 subsale transactions in 2022, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 570.

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

For price per square foot, the median is RM 570, with most transactions between RM 570 and RM 570. The usual range is RM 439.75 to RM 700.25, showing that most units are priced quite close to each other. With an IQR of RM 260.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.