TAMAN SIBIEW INDAH

TAMAN SIBIEW INDAH in Bahagian Bintulu, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 123.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 420K, with most transactions falling within a stable range of RM 280K to RM 640K, and a typical market range of RM 350K to RM 490K.

Most transactions involved low-cost house, with moderate diversity in property types available.

Price per square foot shows a median of RM 123, though individual units vary from RM 58 to RM 189 in the core range. The broader market spans RM 76.50 to RM 169.50, indicating diverse property characteristics. A wider spread (IQR: RM 93.00) and deviation (MAD: RM 66) 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.