LORONG SALIM 18

LORONG SALIM 18 in Bahagian Sibu, Sarawak recorded 4 subsale transactions in 2023, with a median price of RM 465K and a median price per square foot (PSF) of RM 188.

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 465K, with most transactions falling within a stable range of RM 386K to RM 544K, and a typical market range of RM 434K to RM 497K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 188, with core pricing between RM 157 and RM 218. Market pricing typically extends from RM 166.75 to RM 208.25, reflecting moderate variation in unit pricing. The spread of RM 41.50 (IQR) and deviation of RM 30 (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. 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.