Area Intelligence

SG MERAH COMMERCIAL CENTRE

1 properties
2022
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Median Price
RM 840,000
PSF: RM 632

Commercial Market

Median Price

RM 840,000

IQR: RM 70
MAD: RM 34
RM 632 PSF 4.3%

PSF Trends (2021-2025)

SG MERAH COMMERCIAL CENTRE in Bahagian Sibu, Sarawak recorded 1 subsale transactions in 2022, with a median price of RM 840K and a median price per square foot (PSF) of RM 632.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 632, with most transactions between RM 632 and RM 632. The usual range is RM 597.00 to RM 667.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 0, 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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SG MERAH COMMERCIAL CENTRE, Bahagian Sibu, Sarawak

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Transactions

1 properties grouped by size

1,350 sqft 1 units 3-Storey Storey Shop
RM 840,000 PSF: RM 632
Road Price PSF Size Date
BLOK 2,LORONG ULU SG MERAH 2
RM 840,000
RM 632.00
1,329 sqft
Apr 2022