JALAN BELATOK

JALAN BELATOK in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 333K and a median price per square foot (PSF) of RM 215.

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 333K, with most transactions falling within a stable range of RM 320K to RM 345K, and a typical market range of RM 325K to RM 340K.

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

For price per square foot, the median is RM 215, with most transactions between RM 206 and RM 223. The usual range is RM 187.75 to RM 241.25, showing that most units are priced quite close to each other. With an IQR of RM 53.50 and MAD of RM 9, 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.