Area Intelligence

JALAN LANANG

4 properties
Median Price
RM 2,225,000
PSF: RM 200

Commercial Market

Median Price

RM 860,000

IQR: RM 118
MAD: RM 118
RM 349 PSF 101.7%

PSF Trends (2021-2025)

JALAN LANANG in Bahagian Sibu, Sarawak recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 2.23 million and a median price per square foot (PSF) of RM 200.

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 2.23 million, with most transactions falling within a stable range of RM 950K to RM 3.50 million, and a typical market range of RM 928K to RM 3.50 million.

Most transactions involved detached factory/warehouse, with high diversity across multiple property types.

The median PSF stands at RM 200, with core pricing between RM 165 and RM 235. Market pricing typically extends from RM 137.75 to RM 261.25, reflecting moderate variation in unit pricing. The spread of RM 123.50 (IQR) and deviation of RM 35 (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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JALAN LANANG, Bahagian Sibu, Sarawak

OSM

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Transactions

4 properties grouped by size

2,050 sqft 1 units Terraced Factory
RM 950,000 PSF: RM 466
Road Price PSF Size Date
BLOK 6, LANANG ROAD, SIBU
RM 950,000
RM 466.00
2,040 sqft
May 2024
3,350 sqft 1 units Semi-D Factory
RM 770,000 PSF: RM 231
Road Price PSF Size Date
JALAN LANANG
RM 770,000
RM 231.00
3,338 sqft
Jun 2023
20,900 sqft 1 units Detached Factory
RM 3,500,000 PSF: RM 168
Road Price PSF Size Date
BLOK 10, JALAN UPPER LANANG, SIBU
RM 3,500,000
RM 168.00
20,893 sqft
Dec 2023
21,750 sqft 1 units Detached Factory
RM 3,500,000 PSF: RM 161
Road Price PSF Size Date
BLOK 10, JALAN UPPER LANANG, SIBU
RM 3,500,000
RM 161.00
21,754 sqft
Dec 2023