Area Intelligence

JALAN MERDEKA

3 properties
Median Price
RM 380,000
PSF: RM 196

Residential Market

Median Price

RM 380,000

IQR: RM 27
MAD: RM 7
RM 196 PSF 17.7%

PSF Trends (2021-2025)

JALAN MERDEKA in Bahagian Sibu, Sarawak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 380K and a median price per square foot (PSF) of RM 196.

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 380K, with most transactions falling within a stable range of RM 370K to RM 390K, and a typical market range of RM 370K to RM 403K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 196, with most transactions between RM 189 and RM 203. The usual range is RM 182.50 to RM 209.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JALAN MERDEKA, Bahagian Sibu, Sarawak

OSM

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Transactions

3 properties grouped by size

1,850 sqft 1 units Double Storey Terraced
RM 380,000 PSF: RM 203
Road Price PSF Size Date
JLN MERDEKA 14
RM 380,000
RM 203.00
1,869 sqft
Jun 2023
1,900 sqft 1 units Double Storey Terraced
RM 370,000 PSF: RM 196
Road Price PSF Size Date
LRG MERDEKA 18B
RM 370,000
RM 196.00
1,892 sqft
Aug 2022
3,100 sqft 1 units Double Storey Semi-D
RM 460,000 PSF: RM 149
Road Price PSF Size Date
LRG MERDEKA 17
RM 460,000
RM 149.00
3,077 sqft
Dec 2022