BANDAR SIBU

Area Intelligence
9 subsale transactions
4-Storey Shop
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Median Price
RM 900,000
PSF: RM 732

Commercial PSF Trends

Median Price

RM 900,000

RM 732 PSF

BANDAR SIBU in Bahagian Sibu, Sarawak recorded 9 4-Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey shop properties, with a median price of RM 900K and a median price per square foot (PSF) of RM 732.

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 900K, with most transactions falling within a stable range of RM 571K to RM 1.23 million, and a typical market range of RM 753K to RM 1.05 million.

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

Price per square foot shows a median of RM 732, though individual units vary from RM 456 to RM 1,008 in the core range. The broader market spans RM 612.63 to RM 851.38, indicating diverse property characteristics. A wider spread (IQR: RM 238.75) and deviation (MAD: RM 276) 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.

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BANDAR SIBU, Bahagian Sibu, Sarawak

OSM

Transactions

9 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,150 sqft
4-Storey Shop
RM 900,000
BLOK 6, JALAN CHENGAL, SIBU
1,164 sqft · RM 773.00 PSF
Jul 2024
RM 850,000
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
1,750 sqft
4-Storey Shop
RM 1,000,000
JALAN CHENGAL
1,753 sqft · RM 570.00 PSF
Jul 2022