Area Intelligence

SELANGAU BAZAAR

2 properties
Median Price
RM 425,000
PSF: RM 717

Commercial Market

Median Price

RM 425,000

IQR: RM 109
MAD: RM 109
RM 717 PSF 14.2%

PSF Trends (2021-2025)

SELANGAU BAZAAR in Bahagian Sibu, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 425K and a median price per square foot (PSF) of RM 717.

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 425K, with most transactions falling within a stable range of RM 120K to RM 730K, and a typical market range of RM 273K to RM 578K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 717, with core pricing between RM 608 and RM 826. Market pricing typically extends from RM 662.50 to RM 771.50, reflecting moderate variation in unit pricing. The spread of RM 109.00 (IQR) and deviation of RM 109 (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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SELANGAU BAZAAR, Bahagian Sibu, Sarawak

OSM

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Transactions

2 properties grouped by size

150 sqft 1 units Shop/Retail Lot
RM 120,000 PSF: RM 826
Price PSF Size Date
RM 120,000
RM 826.00
145 sqft
May 2022
1,200 sqft 1 units Double Storey Shop
RM 730,000 PSF: RM 608
Road Price PSF Size Date
SELANGAU
RM 730,000
RM 608.00
1,200 sqft
Mar 2024