Area Intelligence

TAMAN MEI CHING

4 properties
Single Storey Terraced
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Median Price
RM 300,000
PSF: RM 149

Residential Market

Median Price

RM 300,000

IQR: RM 55
MAD: RM 29
RM 149 PSF 4.7%

PSF Trends (2021-2025)

TAMAN MEI CHING in Bahagian Sibu, Sarawak recorded 4 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 300K and a median price per square foot (PSF) of RM 149.

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 300K, with most transactions falling within a stable range of RM 288K to RM 320K, and a typical market range of RM 288K to RM 340K.

Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 149, with core pricing between RM 129 and RM 169. Market pricing typically extends from RM 121.38 to RM 176.63, reflecting moderate variation in unit pricing. With an IQR of RM 55.25 and MAD of RM 20, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN MEI CHING, Bahagian Sibu, Sarawak

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Transactions

4 properties grouped by size

1,650 sqft 1 units Single Storey Terraced
RM 288,000 PSF: RM 175
Road Price PSF Size Date
JALAN ULU SUNGAI MERAH
RM 288,000
RM 175.00
1,642 sqft
May 2023
2,000 sqft 2 units Single Storey Terraced
RM 300,000 PSF: RM 149
Road Price PSF Size Date
LRG USM 51K
RM 300,000
RM 149.00
2,018 sqft
Dec 2022
LRG USM 51K
RM 300,000
RM 149.00
2,018 sqft
Apr 2022
2,850 sqft 1 units Single Storey Terraced
RM 340,000 PSF: RM 119
Road Price PSF Size Date
BLOK 6,LRG 51M, JLN ULU SG MERAH
RM 340,000
RM 119.00
2,851 sqft
May 2022