LOT 523-524 & 527-530

LOT 523-524 & 527-530 in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 338.

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 350K, with most transactions falling within a stable range of RM 330K to RM 369K, and a typical market range of RM 330K to RM 369K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM 338, with most transactions between RM 319 and RM 356. The usual range is RM 300.38 to RM 374.63, showing that most units are priced quite close to each other. With an IQR of RM 74.25 and MAD of RM 19, 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.