Area Intelligence

SIBU TOWN SQUARE COMMERCIAL CENTRE

6 properties
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Median Price
RM 1,295,000
PSF: RM 1,036

Commercial Market

Median Price

RM 1,295,000

IQR: RM 124
MAD: RM 67
RM 1,036 PSF 0.2%

PSF Trends (2021-2025)

SIBU TOWN SQUARE COMMERCIAL CENTRE in Bahagian Sibu, Sarawak recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 1,036.

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 1.30 million, with most transactions falling within a stable range of RM 1.22 million to RM 1.37 million, and a typical market range of RM 1.24 million to RM 1.35 million.

Most transactions involved 4 - 4 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 1,036, with most transactions between RM 969 and RM 1,103. The usual range is RM 973.63 to RM 1,097.38, showing that most units are priced quite close to each other. With an IQR of RM 123.75 and MAD of RM 67, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SIBU TOWN SQUARE COMMERCIAL CENTRE, Bahagian Sibu, Sarawak

OSM

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Transactions

6 properties grouped by size

1,200 sqft 5 units 4-Storey Storey Shop
RM 1,000,000 - 1,350,000 PSF: RM 1,020
Road Price PSF Size Date
LORONG LAU KING HOWE
RM 1,200,000
RM 1,016.00
1,181 sqft
Feb 2024
LORONG LAU KING HOWE
RM 1,300,000
RM 1,101.00
1,181 sqft
Jan 2024
BLOCK 10,UPPER LANANG ROAD, SIBU
RM 1,000,000
RM 824.00
1,214 sqft
Oct 2023
LORONG LAU KING HOWE
RM 1,290,000
RM 1,055.00
1,223 sqft
Dec 2022
LORONG LAU KING HOWE
RM 1,350,000
RM 1,104.00
1,223 sqft
Jun 2022
1,500 sqft 1 units 4-Storey Storey Shop
RM 1,400,000 PSF: RM 949
Road Price PSF Size Date
JALAN HOSPITAL
RM 1,400,000
RM 949.00
1,476 sqft
Dec 2022