Area Intelligence

TAMAN MEI CHING

8 properties
Double Storey Terraced
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Median Price
RM 485,000
PSF: RM 228

Residential Market

Median Price

RM 485,000

IQR: RM 55
MAD: RM 29
RM 228 PSF 4.7%

PSF Trends (2021-2025)

TAMAN MEI CHING in Bahagian Sibu, Sarawak recorded 8 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 485K and a median price per square foot (PSF) of RM 228.

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 485K, with most transactions falling within a stable range of RM 448K to RM 522K, and a typical market range of RM 440K to RM 550K.

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

For price per square foot, the median is RM 228, with most transactions between RM 220 and RM 235. The usual range is RM 199.88 to RM 255.13, showing that most units are priced quite close to each other. With an IQR of RM 55.25 and MAD of RM 8, 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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TAMAN MEI CHING, Bahagian Sibu, Sarawak

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Transactions

8 properties grouped by size

1,950 sqft 2 units Double Storey Terraced
RM 440,000 - 470,000 PSF: RM 234
Road Price PSF Size Date
JLN ULU SG MERAH
RM 470,000
RM 242.00
1,946 sqft
Jan 2025
BLOK 6,JLN ULU SG MERAH 38C
RM 440,000
RM 226.00
1,946 sqft
Oct 2023
2,000 sqft 2 units Double Storey Terraced
RM 450,000 PSF: RM 225
Road Price PSF Size Date
BLOK 6, JUSM (TMN MEI CHING A)
RM 450,000
RM 227.00
1,984 sqft
Feb 2024
LRG 51G
RM 450,000
RM 223.00
2,018 sqft
May 2023
2,250 sqft 4 units Double Storey Terraced
RM 500,000 - 550,000 PSF: RM 230
Road Price PSF Size Date
BLOK 6
RM 515,000
RM 228.00
2,259 sqft
Apr 2023
LRG USM 36
RM 550,000
RM 243.00
2,259 sqft
Mar 2023
LRG USM 36
RM 515,000
RM 228.00
2,259 sqft
Nov 2021
LORONG ULU SUNGAI MERAH 36
RM 500,000
RM 221.00
2,260 sqft
Aug 2021