Area Intelligence

SUNGAI MERAH PARK A FASA 2

2 properties
Low-Cost House
Median Price
RM 293,500
PSF: RM 227

Residential Market

Median Price

RM 293,500

IQR: RM 24
MAD: RM 16
RM 227 PSF 11.0%

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.

Area Location

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SUNGAI MERAH PARK A FASA 2, Bahagian Sibu, Sarawak

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Transactions

2 properties grouped by size

1,200 sqft 1 units Low-Cost House
RM 295,000 PSF: RM 245
Road Price PSF Size Date
LRG 56H/1G
RM 295,000
RM 245.00
1,202 sqft
Jul 2023
1,400 sqft 1 units Low-Cost House
RM 292,000 PSF: RM 208
Road Price PSF Size Date
LRG ULU SG MERAH
RM 292,000
RM 208.00
1,401 sqft
Jul 2024