Area Intelligence

SUNGAI MERAH HEIGHT PARK B

1 properties
2024
Median Price
RM 468,000
PSF: RM 221

Residential Market

Median Price

RM 468,000

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 1 subsale transactions in 2024, with a median price of RM 468K 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.

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 221 and RM 221. The usual range is RM 214.25 to RM 227.75, 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 0 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

1 properties grouped by size

2,100 sqft 1 units Double Storey Terraced
RM 468,000 PSF: RM 221
Road Price PSF Size Date
JALAN ULU SUNGAI MERAH 46
RM 468,000
RM 221.00
2,120 sqft
Feb 2024