PARK RESIDENCE

PARK RESIDENCE in Bahagian Sibu, Sarawak recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 350K 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 350K, with most transactions falling within a stable range of RM 330K to RM 370K, and a typical market range of RM 330K to RM 373K.

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

The median PSF stands at RM 167, with core pricing between RM 142 and RM 192. Market pricing typically extends from RM 104.50 to RM 229.50, reflecting moderate variation in unit pricing. With an IQR of RM 125.00 and MAD of RM 25, 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.