BANDAR SIBU

Area Intelligence
14 subsale transactions
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Median Price
RM 850,000
PSF: RM 726

Commercial PSF Trends

Median Price

RM 850,000

RM 726 PSF

BANDAR SIBU in Bahagian Sibu, Sarawak recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 850K and a median price per square foot (PSF) of RM 726.

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 850K, with most transactions falling within a stable range of RM 725K to RM 976K, and a typical market range of RM 703K to RM 998K.

Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 726, with core pricing between RM 593 and RM 859. Market pricing typically extends from RM 606.13 to RM 844.88, reflecting moderate variation in unit pricing. The spread of RM 238.75 (IQR) and deviation of RM 133 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR SIBU, Bahagian Sibu, Sarawak

OSM

Transactions

14 transactions grouped by size

350 sqft
Shop/Retail Lot
RM 720,000
Level 3
328 sqft · RM 2,195.00 PSF
Oct 2024
1,150 sqft
RM 780,000
3-Storey Shop JALAN TUN ABANG HAJI OPENG SIBU
1,167 sqft · RM 668.00 PSF
Apr 2025
RM 780,000
3-Storey Shop JALAN TUN ABG HAJI OPENG 1
1,167 sqft · RM 668.00 PSF
Apr 2025
RM 900,000
4-Storey Shop BLOK 6, JALAN CHENGAL, SIBU
1,164 sqft · RM 773.00 PSF
Jul 2024
RM 850,000
4-Storey Shop JALAN UPPER LANANG
1,161 sqft · RM 732.00 PSF
Apr 2024
1,200 sqft
4-Storey Shop
RM 1,300,000
JALAN KAMPONG NYABOR, SIBU
1,200 sqft · RM 1,083.00 PSF
May 2025
RM 100,000
JALAN CHENGAL, SIBU
1,182 sqft · RM 85.00 PSF
Mar 2025
RM 1,200,000
WORKSHOP ROAD
1,180 sqft · RM 1,017.00 PSF
Jul 2024
RM 850,000
JALAN CHENGAL
1,182 sqft · RM 719.00 PSF
May 2024
RM 729,000
JALAN CHENGAL
1,200 sqft · RM 607.00 PSF
Nov 2023
1,250 sqft
4-Storey Shop
RM 1,100,000
JALAN LONG BRIDGE
1,260 sqft · RM 873.00 PSF
Jul 2024
1,550 sqft
3-Storey Shop
RM 1,280,000
BLOK 3,JALAN MERDEKA, SIBU
1,552 sqft · RM 825.00 PSF
Aug 2023
1,750 sqft
4-Storey Shop
RM 1,000,000
JALAN CHENGAL
1,753 sqft · RM 570.00 PSF
Jul 2022
2,050 sqft
Semi-D Factory
RM 800,000
LANANG ROAD, SIBU
2,030 sqft · RM 394.00 PSF
Aug 2024