BAZAAR SUNGAI MERAH

BAZAAR SUNGAI MERAH in Bahagian Sibu, Sarawak recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 930K and a median price per square foot (PSF) of RM 741.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 930K, with most transactions falling within a stable range of RM 868K to RM 993K, and a typical market range of RM 881K to RM 979K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 741, with most transactions between RM 717 and RM 766. The usual range is RM 712.25 to RM 769.75, showing that most units are priced quite close to each other. With an IQR of RM 57.50 and MAD of RM 25, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.