Area Intelligence

BANDAR SARIKEI

5 properties
2021
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Median Price
RM 850,000
PSF: RM 700

Residential Market

Median Price

RM 434,000

IQR: RM 58
MAD: RM 30
RM 153 PSF 4.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 900,000

IQR: RM 690
MAD: RM 314
RM 738 PSF 8.3%

PSF Trends (2021-2025)

BANDAR SARIKEI in Bahagian Sarikei, Sarawak recorded 5 subsale transactions in 2021, with a median price of RM 850K and a median price per square foot (PSF) of RM 700.

This area contains both residential and commercial properties. View 7 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 850K, with most transactions falling within a stable range of RM 626K to RM 900K, and a typical market range of RM 501K to RM 900K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 700, though individual units vary from RM 418 to RM 982 in the core range. The broader market spans RM 448.63 to RM 951.38, indicating diverse property characteristics. A wider spread (IQR: RM 502.75) and deviation (MAD: RM 282) 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.

Area Location

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BANDAR SARIKEI, Bahagian Sarikei, Sarawak

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Transactions

5 properties found

Double Storey Terraced
LORONG 5B
RM 380,000
PSF: RM 180.00
Area: 2,109 sqft
Date: Oct 2021
4-Storey Storey Shop
JALAN HERALD
RM 900,000
PSF: RM 738.00
Area: 1,220 sqft
Date: Jul 2021
4-Storey Storey Shop
JALN HERALD
RM 900,000
PSF: RM 738.00
Area: 1,220 sqft
Date: Jul 2021
Double Storey Terraced
LORONG 5B
RM 488,000
PSF: RM 125.00
Area: 3,917 sqft
Date: Jun 2021
3-Storey Storey Shop
JUNCTION OF JALAN REPOK
RM 850,000
PSF: RM 700.00
Area: 1,214 sqft
Date: Jan 2021