BANDAR SIBU

BANDAR SIBU in Bahagian Sibu, Sarawak recorded 3 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 780K and a median price per square foot (PSF) of RM 668.

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 780K, with most transactions falling within a stable range of RM 780K to RM 1.02 million, and a typical market range of RM 780K to RM 928K.

Within the 3-Storey Shop category, 4 - 4 1/2 storey shop dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 668, with core pricing between RM 594 and RM 742. Market pricing typically extends from RM 548.63 to RM 787.38, reflecting moderate variation in unit pricing. With an IQR of RM 238.75 and MAD of RM 74, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.