Area Intelligence

BANDAR SARIKEI

3 properties
2023
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Median Price
RM 480,000
PSF: RM 155

Residential Market

Median Price

RM 415,000

IQR: RM 58
MAD: RM 30
RM 175 PSF 4.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 500,000

IQR: RM 690
MAD: RM 314
RM 99 PSF 8.3%

PSF Trends (2021-2025)

BANDAR SARIKEI in Bahagian Sarikei, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 155.

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 480K, with most transactions falling within a stable range of RM 414K to RM 500K, and a typical market range of RM 350K to RM 500K.

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 155, though individual units vary from RM 116 to RM 194 in the core range. The broader market spans RM 0.00 to RM 406.38, indicating diverse property characteristics. A wider spread (IQR: RM 502.75) and deviation (MAD: RM 39) 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.

Area Location

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BANDAR SARIKEI, Bahagian Sarikei, Sarawak

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Transactions

3 properties found

Double Storey Terraced
JLN KELI
RM 480,000
PSF: RM 194.00
Area: 2,470 sqft
Date: Oct 2023
Semi-D Factory
SUNGAI NYELONG
RM 500,000
PSF: RM 99.00
Area: 5,039 sqft
Date: Aug 2023
Double Storey Terraced
JALAN HIJAU
RM 350,000
PSF: RM 155.00
Area: 2,252 sqft
Date: Jan 2023