Area Intelligence

TAMAN SIBU JAYA

5 properties
3-Storey Storey Shop
Median Price
RM 1,220,000
PSF: RM 750

Commercial Market

Median Price

RM 1,220,000

IQR: RM 116
MAD: RM 55
RM 750 PSF 1.4%

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.

Area Location

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TAMAN SIBU JAYA, Bahagian Sibu, Sarawak

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Transactions

5 properties grouped by size

1,150 sqft 1 units 3-Storey Storey Shop
RM 850,000 PSF: RM 731
Road Price PSF Size Date
DURIN LINK ROAD, SIBU
RM 850,000
RM 731.00
1,163 sqft
Nov 2023
1,650 sqft 2 units 3-Storey Storey Shop
RM 1,220,000 PSF: RM 750
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
2,050 sqft 2 units 3-Storey Storey Shop
RM 475,000 - 1,600,000 PSF: RM 510
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