TAMAN MEI CHING

TAMAN MEI CHING in Bahagian Sibu, Sarawak recorded 9 subsale transactions in 2023, with a median price of RM 315K and a median price per square foot (PSF) of RM 225.

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 315K, with most transactions falling within a stable range of RM 180K to RM 450K, and a typical market range of RM 200K to RM 430K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 225, with core pricing between RM 195 and RM 255. Market pricing typically extends from RM 197.38 to RM 252.63, reflecting moderate variation in unit pricing. With an IQR of RM 55.25 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.