Residential Market
Median Price
RM 293,500
PSF Trends (2021-2025)
SUNGAI MERAH PARK A FASA 2 in Bahagian Sibu, Sarawak recorded 2 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 294K and a median price per square foot (PSF) of RM 227.
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 294K, with most transactions falling within a stable range of RM 292K to RM 295K, and a typical market range of RM 292K to RM 295K.
Within the Low-Cost House category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 227, with most transactions between RM 208 and RM 245. The usual range is RM 214.75 to RM 238.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.50 and an average deviation (MAD) of RM 19 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
LRG 56H/1G
|
RM 295,000
|
RM 245.00
|
1,202 sqft
|
Jul 2023
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
LRG ULU SG MERAH
|
RM 292,000
|
RM 208.00
|
1,401 sqft
|
Jul 2024
|