Commercial Market
Median Price
RM 860,000
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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
BLOK 6, LANANG ROAD, SIBU
|
RM 950,000
|
RM 466.00
|
2,040 sqft
|
May 2024
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
JALAN LANANG
|
RM 770,000
|
RM 231.00
|
3,338 sqft
|
Jun 2023
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
BLOK 10, JALAN UPPER LANANG, SIBU
|
RM 3,500,000
|
RM 168.00
|
20,893 sqft
|
Dec 2023
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
BLOK 10, JALAN UPPER LANANG, SIBU
|
RM 3,500,000
|
RM 161.00
|
21,754 sqft
|
Dec 2023
|