Residential Market
Median Price
RM 260,000
PSF Trends (2021-2025)
TAMAN NYELONG in Bahagian Sarikei, Sarawak recorded 1 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 163.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 163, with most transactions between RM 163 and RM 163. The usual range is RM 148.75 to RM 177.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.
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Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Terraced |
JALAN NYELONG
|
RM 260,000
|
RM 163.00
|
1,598 sqft
|
Sep 2022
|