Area Intelligence

SPRING GARDEN

2 properties
Median Price
RM 470,000
PSF: RM 231

Residential Market

Median Price

RM 470,000

IQR: RM 10
MAD: RM 10
RM 231 PSF

PSF Trends (2021-2025)

SPRING GARDEN in Bahagian Sibu, Sarawak recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 470K and a median price per square foot (PSF) of RM 231.

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 470K, with most transactions falling within a stable range of RM 450K to RM 490K, and a typical market range of RM 460K to RM 480K.

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

For price per square foot, the median is RM 231, with most transactions between RM 221 and RM 241. The usual range is RM 226.00 to RM 236.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 10.00 and an average deviation (MAD) of RM 10 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.

Area Location

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SPRING GARDEN, Bahagian Sibu, Sarawak

OSM

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Transactions

2 properties grouped by size

2,050 sqft 2 units Double Storey Terraced
RM 450,000 - 490,000 PSF: RM 231
Road Price PSF Size Date
JLN KIONG TUNG/LRG PERPATI 2
RM 490,000
RM 241.00
2,033 sqft
Jan 2025
JLN KIONG TUNG/ LRG PERPATI 2
RM 450,000
RM 221.00
2,033 sqft
Mar 2022