Area Intelligence

JALAN THEN KUNG SUK

3 properties
2023
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Median Price
RM 3,900,000
PSF: RM 111

Commercial Market

Median Price

RM 3,900,000

IQR: RM 16
RM 111 PSF 9.2%

PSF Trends (2021-2025)

JALAN THEN KUNG SUK in Bahagian Sibu, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 3.90 million and a median price per square foot (PSF) of RM 111.

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 3.90 million, with most transactions falling within a stable range of RM 3.13 million to RM 4.30 million, and a typical market range of RM 2.50 million to RM 4.30 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 111, with most transactions between RM 101 and RM 121. The usual range is RM 73.00 to RM 149.00, showing that most units are priced quite close to each other. With an IQR of RM 76.00 and MAD of RM 10, 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.

Area Location

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JALAN THEN KUNG SUK, Bahagian Sibu, Sarawak

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Transactions

3 properties found

Detached Factory
UPPER LANANG ROAD, SIBU
RM 2,500,000
PSF: RM 113.00
Area: 22,034 sqft
Date: Nov 2023
Detached Factory
LORONG SUKUN 28
RM 4,300,000
PSF: RM 111.00
Area: 38,912 sqft
Date: Jun 2023
Detached Factory
UPPER LANANG ROAD
RM 3,900,000
PSF: RM 90.00
Area: 43,163 sqft
Date: Mar 2023