LORONG RIA

LORONG RIA in Bahagian Sibu, Sarawak recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 167.

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 550K, with most transactions falling within a stable range of RM 415K to RM 685K, and a typical market range of RM 423K to RM 677K.

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

The median PSF stands at RM 167, with core pricing between RM 149 and RM 184. Market pricing typically extends from RM 152.50 to RM 180.50, reflecting moderate variation in unit pricing. With an IQR of RM 28.00 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.