Commercial Market
Median Price
RM 1,220,000
PSF Trends (2021-2025)
TAMAN SIBU JAYA in Bahagian Sibu, Sarawak recorded 5 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.22 million and a median price per square foot (PSF) of RM 750.
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 1.22 million, with most transactions falling within a stable range of RM 838K to RM 1.60 million, and a typical market range of RM 995K to RM 1.45 million.
Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.
Price per square foot shows a median of RM 750, though individual units vary from RM 541 to RM 959 in the core range. The broader market spans RM 692.00 to RM 808.00, indicating diverse property characteristics. A wider spread (IQR: RM 116.00) and deviation (MAD: RM 209) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
5 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
DURIN LINK ROAD, SIBU
|
RM 850,000
|
RM 731.00
|
1,163 sqft
|
Nov 2023
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
EAST BLVD
|
RM 1,220,000
|
RM 750.00
|
1,626 sqft
|
Dec 2023
|
EAST BLVD SIBUJAYA
|
RM 1,220,000
|
RM 750.00
|
1,626 sqft
|
Dec 2023
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
DURIN LINK ROAD
|
RM 475,000
|
RM 234.00
|
2,033 sqft
|
Mar 2025
|
BLOK 1,DURIN LINK ROAD
|
RM 1,600,000
|
RM 786.00
|
2,034 sqft
|
Mar 2023
|