Area Intelligence

ULU SUNGAI MERAH

25 properties
2023
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Median Price
RM 388,000
PSF: RM 190

Residential Market

Median Price

RM 388,000

IQR: RM 51
MAD: RM 27
RM 190 PSF 1.2%

PSF Trends (2021-2025)

ULU SUNGAI MERAH in Bahagian Sibu, Sarawak recorded 25 subsale transactions in 2023, with a median price of RM 388K and a median price per square foot (PSF) of RM 190.

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 388K, with most transactions falling within a stable range of RM 286K to RM 490K, and a typical market range of RM 326K to RM 450K.

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

The median PSF stands at RM 190, with core pricing between RM 153 and RM 227. Market pricing typically extends from RM 164.75 to RM 215.25, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.

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

Area Location

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ULU SUNGAI MERAH, Bahagian Sibu, Sarawak

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Transactions

25 properties found

Single Storey Terraced
LRG USM 52E
RM 480,000
PSF: RM 135.00
Area: 3,551 sqft
Date: Dec 2023
Double Storey Terraced
BLOK 10
RM 500,000
PSF: RM 237.00
Area: 2,109 sqft
Date: Dec 2023
Low-Cost House
JALAN ULU SUNGAI MERAH 50A
RM 310,000
PSF: RM 217.00
Area: 1,432 sqft
Date: Nov 2023
Single Storey Terraced
LRG USM 52E, 54E, 54F, 54G, 54J,
RM 370,000
PSF: RM 179.00
Area: 2,071 sqft
Date: Nov 2023
Single Storey Terraced
JLN ULU SUNGAI MERAH
RM 260,000
PSF: RM 220.00
Area: 1,183 sqft
Date: Oct 2023
Single Storey Terraced
LRG ULU SG MERAH 52S (P/LOT 1170)
RM 370,000
PSF: RM 175.00
Area: 2,110 sqft
Date: Oct 2023
Single Storey Terraced
LRG USM 54M6
RM 335,000
PSF: RM 128.00
Area: 2,616 sqft
Date: Oct 2023
Double Storey Terraced
BLOK 10,ULU SG SEDUAN, SIBU (P/LOT 2180)
RM 450,000
PSF: RM 217.00
Area: 2,072 sqft
Date: Sep 2023
Double Storey Terraced
BLOK 10,LORONG ULU SUNGAI MERAH 46S2
RM 500,000
PSF: RM 174.00
Area: 2,872 sqft
Date: Sep 2023
Single Storey Terraced
BLOK 10,LRG USM 63 (PEC.LOT 2235)
RM 355,000
PSF: RM 172.00
Area: 2,067 sqft
Date: Aug 2023
Low-Cost House
BLOK 10,JLN ULU SG MERAH, SIBU
RM 300,000
PSF: RM 215.00
Area: 1,396 sqft
Date: Aug 2023
Double Storey Terraced
BLOK 3,JALAN USM (PARENT LOT 98)
RM 498,000
PSF: RM 220.00
Area: 2,260 sqft
Date: Aug 2023
Double Storey Terraced
BLOK 10,LORONG ULU SUNGAI MERAH 63J
RM 445,000
PSF: RM 183.00
Area: 2,432 sqft
Date: Aug 2023
Double Storey Terraced
BLOK 10,JLN USM (P/LOT 2232)
RM 480,000
PSF: RM 228.00
Area: 2,110 sqft
Date: Aug 2023
Double Storey Terraced
BLOK 10,JALAN USM (SOUTHERN PARK)
RM 690,000
PSF: RM 84.00
Area: 8,180 sqft
Date: Jul 2023
Single Storey Terraced
LORONG ULU SUNGAI MERAH 52D
RM 388,000
PSF: RM 153.00
Area: 2,541 sqft
Date: Jul 2023
Single Storey Terraced
JLN USM (PARENT OT.34422)
RM 390,000
PSF: RM 188.00
Area: 2,079 sqft
Date: Jul 2023
Single Storey Terraced
BLOK 10,LRG USM
RM 390,000
PSF: RM 185.00
Area: 2,109 sqft
Date: Jun 2023
Double Storey Terraced
BLOK 10,LRG ULU SUNGAI MERAH 46
RM 490,000
PSF: RM 214.00
Area: 2,287 sqft
Date: May 2023
Double Storey Terraced
LRG ULU SG MERAH 21
RM 438,000
PSF: RM 225.00
Area: 1,946 sqft
Date: May 2023
Single Storey Terraced
LOR ULU SG MERAH 46S (P/OT.34422)
RM 350,000
PSF: RM 168.00
Area: 2,079 sqft
Date: May 2023
Low-Cost House
BLOK 10,JALAN USM (PARENT OT.38031)
RM 260,000
PSF: RM 220.00
Area: 1,184 sqft
Date: Mar 2023
Low-Cost House
LRG ULU SG MERAH 50G1H
RM 260,000
PSF: RM 190.00
Area: 1,367 sqft
Date: Mar 2023
Low-Cost House
LOR ULU SG MERAH 46W
RM 270,000
PSF: RM 228.00
Area: 1,184 sqft
Date: Feb 2023
Low-Cost House
LRG ULU SG MERAH
RM 265,000
PSF: RM 224.00
Area: 1,183 sqft
Date: Jan 2023