Residential Market
Median Price
RM 415,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 500,000
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.
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Transactions
3 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Terraced |
JLN KELI
|
RM 480,000
|
RM 194.00
|
2,470 sqft
|
Oct 2023
|
Semi-D Factory |
SUNGAI NYELONG
|
RM 500,000
|
RM 99.00
|
5,039 sqft
|
Aug 2023
|
Double Storey Terraced |
JALAN HIJAU
|
RM 350,000
|
RM 155.00
|
2,252 sqft
|
Jan 2023
|