Residential Market
Median Price
RM 483,000
PSF Trends (2021-2025)
LORONG SALIM 18 in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 483K and a median price per square foot (PSF) of RM 213.
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 483K, with most transactions falling within a stable range of RM 478K to RM 488K, and a typical market range of RM 478K to RM 488K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 213, with most transactions between RM 194 and RM 231. The usual range is RM 191.75 to RM 233.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.50 and an average deviation (MAD) of RM 19 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.
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Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Terraced |
LRG SALIM 18B
|
RM 488,000
|
RM 231.00
|
2,109 sqft
|
Jul 2024
|
Double Storey Terraced |
LRG SALIM 18C
|
RM 478,000
|
RM 194.00
|
2,466 sqft
|
Apr 2024
|