Area Intelligence

JALAN MERDEKA

2 properties
2022
Median Price
RM 415,000
PSF: RM 173

Residential Market

Median Price

RM 415,000

IQR: RM 27
MAD: RM 7
RM 173 PSF 17.7%

PSF Trends (2021-2025)

JALAN MERDEKA in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 415K and a median price per square foot (PSF) of RM 173.

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 415K, with most transactions falling within a stable range of RM 370K to RM 460K, and a typical market range of RM 393K to RM 438K.

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

The median PSF stands at RM 173, with core pricing between RM 149 and RM 196. Market pricing typically extends from RM 159.00 to RM 186.00, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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

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Transactions

2 properties grouped by size

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