Commercial Market
Median Price
RM 3,500,000
PSF Trends (2021-2025)
JALAN LANANG in Bahagian Sibu, Sarawak recorded 2 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, with a median price of RM 3.50 million and a median price per square foot (PSF) of RM 165.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Within the Detached Factory category, detached factory/warehouse dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 165, with most transactions between RM 161 and RM 168. The usual range is RM 102.75 to RM 226.25, showing that most units are priced quite close to each other. With an IQR of RM 123.50 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
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
|