Area Intelligence

BANDAR SARIKEI

6 properties
2024
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Median Price
RM 825,000
PSF: RM 376

Residential Market

Median Price

RM 450,000

IQR: RM 58
MAD: RM 30
RM 133 PSF 4.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 970,000

IQR: RM 690
MAD: RM 314
RM 569 PSF 8.3%

PSF Trends (2021-2025)

BANDAR SARIKEI in Bahagian Sarikei, Sarawak recorded 6 subsale transactions in 2024, with a median price of RM 825K and a median price per square foot (PSF) of RM 376.

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 825K, with most transactions falling within a stable range of RM 521K to RM 1.03 million, and a typical market range of RM 476K to RM 1.03 million.

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 376, though individual units vary from RM 110 to RM 641 in the core range. The broader market spans RM 124.13 to RM 626.88, indicating diverse property characteristics. A wider spread (IQR: RM 502.75) and deviation (MAD: RM 266) 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

6 properties found

3-Storey Storey Shop
SARIKEI
RM 970,000
PSF: RM 835.00
Area: 1,161 sqft
Date: Oct 2024
Double Storey Terraced
JALAN KELI
RM 700,000
PSF: RM 99.00
Area: 7,071 sqft
Date: Sep 2024
3-Storey Storey Shop
SARIKEI MUNICIPAL AREA
RM 950,000
PSF: RM 521.00
Area: 1,824 sqft
Date: Apr 2024
Double Storey Shop
BLOK 36
RM 1,030,000
PSF: RM 569.00
Area: 1,812 sqft
Date: Mar 2024
Double Storey Terraced
SUNGAI NYELONG
RM 200,000
PSF: RM 133.00
Area: 1,500 sqft
Date: Feb 2024
Double Storey Terraced
LORONG 5B
RM 450,000
PSF: RM 230.00
Area: 1,958 sqft
Date: Jan 2024