PARK RESIDENCE

PARK RESIDENCE in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2021, with a median price of RM 387K and a median price per square foot (PSF) of RM 187.

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 387K, with most transactions falling within a stable range of RM 376K to RM 398K, and a typical market range of RM 376K to RM 398K.

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

For price per square foot, the median is RM 187, with most transactions between RM 181 and RM 192. The usual range is RM 124.00 to RM 249.00, showing that most units are priced quite close to each other. With an IQR of RM 125.00 and MAD of RM 6, 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.