RANTAU PANJANG JAYA

RANTAU PANJANG JAYA in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 385K and a median price per square foot (PSF) of RM 218.

This area contains both residential and commercial properties. View 6 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 385K, with most transactions falling within a stable range of RM 270K to RM 500K, and a typical market range of RM 313K to RM 458K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 218, with most transactions between RM 208 and RM 228. The usual range is RM 175.75 to RM 260.25, showing that most units are priced quite close to each other. With an IQR of RM 84.50 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.