PARENT LOT 216 BLOK 16

PARENT LOT 216 BLOK 16 in Bahagian Sibu, Sarawak recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 545K and a median price per square foot (PSF) of RM 237.

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 545K, with most transactions falling within a stable range of RM 490K to RM 600K, and a typical market range of RM 518K to RM 573K.

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

The median PSF stands at RM 237, with core pricing between RM 211 and RM 263. Market pricing typically extends from RM 203.25 to RM 270.75, reflecting moderate variation in unit pricing. With an IQR of RM 67.50 and MAD of RM 26, 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.