Commercial Market
Median Price
RM 120,000
PSF Trends (2021-2025)
SELANGAU BAZAAR in Bahagian Sibu, Sarawak recorded 1 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 826.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 826, with most transactions between RM 826 and RM 826. The usual range is RM 771.50 to RM 880.50, showing that most units are priced quite close to each other. With an IQR of RM 109.00 and MAD of RM 0, 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. 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
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Shop/Retail Lot |
|
RM 120,000
|
RM 826.00
|
145 sqft
|
May 2022
|