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BAZAAR SUNGAI MERAH

Bahagian Sibu, Sarawak · Commercial · 7 recorded sales, Aug 2022 to Jun 2026

Thinly traded · 1 sale in 12 months3 - 3 1/2 Storey Shop · 7
RM 268psf median, against main floor area · 7 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 261351 psf
Median price
RM 960,000
Price range
RM 835kRM 1.05m
Main floor area
2,2943,913 sq ft
Land area
1,0821,404 sq ft
Median price per sq ft of land
RM 748

Median of 7 sales that carry a usable area, out of 7 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,226 sq ft against 3,484. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

1 sale in the 12 months to Jun 2026. Last on record: 15 Jun 2026.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20222 · RM 419 psf
20233 · RM 258 psf
20241 · RM 264 psf
20261 · RM 284 psf

Quarterly medians · not a price trend

2393384382022 Q3 — RM 419 psf, 2 sales2023 Q2 — RM 258 psf, 2 sales2023 Q4 — RM 268 psf, 1 sale2024 Q2 — RM 264 psf, 1 sale2026 Q2 — RM 284 psf, 1 sale
2022 Q32026 Q2
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Sarawak long or clean enough to state a direction, so this page states none.

Distribution · 7 priced sales

RM 258–270 psf — 4 salesRM 270–281 psf — 0 salesRM 281–293 psf — 1 saleRM 293–304 psf — 0 salesRM 304–316 psf — 0 salesRM 316–327 psf — 0 salesRM 327–338 psf — 0 salesRM 338–350 psf — 0 salesRM 350–361 psf — 0 salesRM 361–373 psf — 0 salesRM 373–384 psf — 0 salesRM 384–396 psf — 0 salesRM 396–407 psf — 0 salesRM 407–419 psf — 2 sales
RM 258RM 419 psf

Each bar counts sales in a RM 11 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 7 of 7

DateTypeArea (sq ft)PricepsfTenure
15 Jun 20263 - 3 1/2 Storey Shop3,488RM 990,000284Leasehold
15 Apr 20243 - 3 1/2 Storey Shop3,162RM 835,000264Leasehold
19 Oct 20233 - 3 1/2 Storey Shop3,913RM 1,050,000268Leasehold
26 May 20233 - 3 1/2 Storey Shop3,484RM 900,000258Leasehold
26 May 20233 - 3 1/2 Storey Shop3,484RM 900,000258Leasehold
22 Aug 20223 - 3 1/2 Storey Shop2,294RM 960,000419Leasehold
22 Aug 20223 - 3 1/2 Storey Shop2,294RM 960,000419Leasehold

Others in Bahagian Sibu · commercial

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.