Area Intelligence

SEMEBA PARK

3 properties

2022

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Median Price

RM 495,000

PSF: RM 237

Residential Market

Median Price

RM 495,000

IQR: RM 48

MAD: RM 6

RM 237 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Double Storey Terraced

33 properties

17,053,000 txns

Median Price

RM 487,500

+1.8% CAGR

Median PSF

RM 291.00

+0.6% CAGR

Single Storey Terraced

2 properties

547,000 txns

Median Price

RM 273,500

-3.2% CAGR

Median PSF

RM 177.50

-3.1% CAGR

Town House

1 properties

225,000 txns

Median Price

RM 225,000

Median PSF

RM 207.00

Property Type	Properties	Transactions	Median Price	Price CAGR	Median PSF	PSF CAGR
Double Storey Terraced	33	17,053,000	RM 487,500 ±18K MAD	+1.84%	RM 291.00 ±4 MAD	+0.60%
Single Storey Terraced	2	547,000	RM 273,500 ±14K MAD	-3.24%	RM 177.50 ±9 MAD	-3.14%
Town House	1	225,000	RM 225,000	-	RM 207.00	-

SEMEBA PARK in Bahagian Kuching, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 495K and a median price per square foot (PSF) of RM 237.

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 495K, with most transactions falling within a stable range of RM 360K to RM 694K, and a typical market range of RM 377K to RM 613K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 237, with core pricing between RM 193 and RM 281. Market pricing typically extends from RM 213.00 to RM 261.00, reflecting moderate variation in unit pricing. The spread of RM 48.00 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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.