Area Intelligence

JALAN THEN KUNG SUK

2 properties
2022
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Median Price
RM 3,425,000
PSF: RM 109

Commercial Market

Median Price

RM 3,425,000

IQR: RM 16
RM 109 PSF 9.2%

PSF Trends (2021-2025)

JALAN THEN KUNG SUK in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 3.43 million and a median price per square foot (PSF) of RM 109.

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 3.43 million, with most transactions falling within a stable range of RM 900K to RM 5.95 million, and a typical market range of RM 1.91 million to RM 4.94 million.

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

Price per square foot shows a median of RM 109, though individual units vary from RM 56 to RM 161 in the core range. The broader market spans RM 70.50 to RM 146.50, indicating diverse property characteristics. A wider spread (IQR: RM 76.00) and deviation (MAD: RM 53) indicate significant PSF variations, likely due to diverse property types or conditions.

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 THEN KUNG SUK, Bahagian Sibu, Sarawak

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Transactions

2 properties grouped by size

5,600 sqft 1 units Semi-D Factory
RM 900,000 PSF: RM 161
Road Price PSF Size Date
BLOK 19,LRG LANANG BARAT 1
RM 900,000
RM 161.00
5,603 sqft
Jul 2022
106,700 sqft 1 units Detached Factory
RM 5,950,000 PSF: RM 56
Road Price PSF Size Date
UPPER LANANG ROAD
RM 5,950,000
RM 56.00
106,724 sqft
Mar 2022