CENTRAL RESIDENCE

CENTRAL RESIDENCE in Bahagian Sibu, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 395K and a median price per square foot (PSF) of RM 390.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 395K, with most transactions falling within a stable range of RM 362K to RM 431K, and a typical market range of RM 362K to RM 445K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 390, with core pricing between RM 328 and RM 452. Market pricing typically extends from RM 345.00 to RM 435.00, reflecting moderate variation in unit pricing. The spread of RM 90.00 (IQR) and deviation of RM 62 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.