Area Intelligence

SUNGAI MERAH HEIGHT PARK B

8 properties
Median Price
RM 455,000
PSF: RM 221

Residential Market

Median Price

RM 455,000

IQR: RM 14
MAD: RM 5
RM 221 PSF 2.7%

PSF Trends (2021-2025)

SUNGAI MERAH HEIGHT PARK B in Bahagian Sibu, Sarawak recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 455K and a median price per square foot (PSF) of RM 221.

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 455K, with most transactions falling within a stable range of RM 444K to RM 467K, and a typical market range of RM 421K to RM 468K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 221, with most transactions between RM 216 and RM 225. The usual range is RM 213.75 to RM 227.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.50 and an average deviation (MAD) of RM 5 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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SUNGAI MERAH HEIGHT PARK B, Bahagian Sibu, Sarawak

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Transactions

8 properties found

Double Storey Terraced
JALAN ULU SUNGAI MERAH 46
RM 468,000
PSF: RM 221.00
Area: 2,120 sqft
Date: Feb 2024
Single Storey Terraced
JALAN ULU SUNGAI MERAH
RM 375,000
PSF: RM 186.00
Area: 2,018 sqft
Date: Jul 2023
Double Storey Terraced
LRG USM 46F/1A
RM 455,000
PSF: RM 225.00
Area: 2,018 sqft
Date: Feb 2023
Double Storey Terraced
LRG ULU SUNGAI MERAH 52S8
RM 460,000
PSF: RM 226.00
Area: 2,033 sqft
Date: Aug 2022
Double Storey Terraced
LRG USM 46F/1A
RM 455,000
PSF: RM 225.00
Area: 2,018 sqft
Date: Jul 2022
Single Storey Terraced
BLOK 11,JALAN SIBU ULU OYA
RM 195,000
PSF: RM 220.00
Area: 887 sqft
Date: Feb 2022
Double Storey Terraced
JALAN ULU SUNGAI MERAH 46
RM 400,000
PSF: RM 189.00
Area: 2,120 sqft
Date: Dec 2021
Double Storey Terraced
JALAN ULU SUNGAI MERAH 46
RM 465,000
PSF: RM 219.00
Area: 2,120 sqft
Date: Feb 2021