Area Intelligence

SUNGAI MERAH PARK A FASA 2

3 properties
Single Storey Terraced
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Median Price
RM 310,000
PSF: RM 154

Residential Market

Median Price

RM 310,000

IQR: RM 24
MAD: RM 16
RM 154 PSF 11.0%

PSF Trends (2021-2025)

SUNGAI MERAH PARK A FASA 2 in Bahagian Sibu, Sarawak recorded 3 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 310K and a median price per square foot (PSF) of RM 154.

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 310K, with most transactions falling within a stable range of RM 280K to RM 350K, and a typical market range of RM 280K to RM 364K.

Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 154, with core pricing between RM 134 and RM 174. Market pricing typically extends from RM 142.25 to RM 165.75, reflecting moderate variation in unit pricing. With an IQR of RM 23.50 and MAD of RM 20, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SUNGAI MERAH PARK A FASA 2, Bahagian Sibu, Sarawak

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Transactions

3 properties grouped by size

2,000 sqft
1 units Single Storey Terraced
RM 310,000
BLOK 10,JLN USM (PARENT LOT 2232)
2,011 sqft · RM 154.00 PSF
Sep 2023
2,050 sqft
1 units Single Storey Terraced
RM 375,000
BLOK 6,JLN TEKU (PEC.LOT 5460, JLN TEKU)
2,071 sqft · RM 181.00 PSF
May 2023
2,100 sqft
1 units Single Storey Terraced
RM 280,000
JLN USM (PARENT LOT 3067-3069)
2,109 sqft · RM 133.00 PSF
Dec 2021