SUNGAI MERAH HEIGHT PARK B

SUNGAI MERAH HEIGHT PARK B in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 415K and a median price per square foot (PSF) of RM 206.

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 415K, with most transactions falling within a stable range of RM 375K to RM 455K, and a typical market range of RM 381K to RM 449K.

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 206, with most transactions between RM 186 and RM 225. The usual range is RM 198.75 to RM 212.25, 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 20 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.