Commercial Market
Median Price
RM 425,000
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Price | PSF | Size | Date |
---|---|---|---|
RM 120,000
|
RM 826.00
|
145 sqft
|
May 2022
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
SELANGAU
|
RM 730,000
|
RM 608.00
|
1,200 sqft
|
Mar 2024
|