Area Intelligence

TAMAN SHANGSUI

2 properties
2023
Median Price
RM 512,500
PSF: RM 196

Residential Market

Median Price

RM 512,500

IQR: RM 60
MAD: RM 30
RM 196 PSF 53.6%

PSF Trends (2021-2025)

TAMAN SHANGSUI in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 513K and a median price per square foot (PSF) of RM 196.

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 513K, with most transactions falling within a stable range of RM 395K to RM 630K, and a typical market range of RM 454K to RM 571K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 196, with most transactions between RM 181 and RM 211. The usual range is RM 166.00 to RM 226.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 15, 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 SHANGSUI, Bahagian Sibu, Sarawak

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Transactions

2 properties grouped by size

1,900 sqft 1 units Single Storey Terraced
RM 395,000 PSF: RM 211
Road Price PSF Size Date
LRG CENDANA 7
RM 395,000
RM 211.00
1,875 sqft
Mar 2023
3,500 sqft 1 units Double Storey Semi-D
RM 630,000 PSF: RM 181
Road Price PSF Size Date
ULU SEDUAN SIBU
RM 630,000
RM 181.00
3,486 sqft
Aug 2023