ULU SUNGAI MERAH

ULU SUNGAI MERAH in Bahagian Sibu, Sarawak recorded 7 subsale transactions in 2021, with a median price of RM 457K and a median price per square foot (PSF) of RM 218.

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 457K, with most transactions falling within a stable range of RM 451K to RM 463K, and a typical market range of RM 450K to RM 468K.

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 218, with most transactions between RM 216 and RM 220. The usual range is RM 192.75 to RM 243.25, showing that most units are priced quite close to each other. With an IQR of RM 50.50 and MAD of RM 2, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.