TAMAN SOON HUP(JALAN PERMAI)

TAMAN SOON HUP(JALAN PERMAI) in Bahagian Sibu, Sarawak recorded 29 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 180.

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 340K, with most transactions falling within a stable range of RM 250K to RM 450K, and a typical market range of RM 272K to RM 408K.

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

Price per square foot shows a median of RM 180, though individual units vary from RM 117 to RM 243 in the core range. The broader market spans RM 151.88 to RM 208.13, indicating diverse property characteristics. A wider spread (IQR: RM 56.25) and deviation (MAD: RM 63) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.