TAMAN MEI CHING

TAMAN MEI CHING in Bahagian Sibu, Sarawak recorded 3 subsale transactions in 2024, with a median price of RM 230K 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 230K, with most transactions falling within a stable range of RM 185K to RM 346K, and a typical market range of RM 185K to RM 345K.

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

The median PSF stands at RM 227, with core pricing between RM 196 and RM 258. Market pricing typically extends from RM 199.38 to RM 254.63, reflecting moderate variation in unit pricing. With an IQR of RM 55.25 and MAD of RM 31, 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.