Residential Market
Median Price
RM 300,000
PSF Trends (2021-2025)
TAMAN MEI CHING in Bahagian Sibu, Sarawak recorded 3 subsale transactions in 2022, 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 300K to RM 319K, and a typical market range of RM 300K to RM 340K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 149, with most transactions between RM 135 and RM 163. The usual range is RM 121.38 to RM 176.63, showing that most units are priced quite close to each other. With an IQR of RM 55.25 and MAD of RM 14, 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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
| 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
|
| Road | Price | PSF | Size | Date |
|---|---|---|---|---|
|
BLOK 6,LRG 51M, JLN ULU SG MERAH
|
RM 340,000
|
RM 119.00
|
2,851 sqft
|
May 2022
|