TAMAN SIBU JAYA

TAMAN SIBU JAYA in Bahagian Sibu, Sarawak recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 770K and a median price per square foot (PSF) of RM 634.

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 770K, with most transactions falling within a stable range of RM 388K to RM 1.00 million, and a typical market range of RM 545K to RM 995K.

Within the Double 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 634, though individual units vary from RM 367 to RM 901 in the core range. The broader market spans RM 576.00 to RM 692.00, indicating diverse property characteristics. A wider spread (IQR: RM 116.00) and deviation (MAD: RM 267) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.