JALAN MELUDAM

JALAN MELUDAM in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 465K and a median price per square foot (PSF) of RM 181.

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 465K, with most transactions falling within a stable range of RM 400K to RM 530K, and a typical market range of RM 400K to RM 530K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 181, with core pricing between RM 158 and RM 204. Market pricing typically extends from RM 145.50 to RM 216.50, reflecting moderate variation in unit pricing. With an IQR of RM 71.00 and MAD of RM 23, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.