PEARL AVENUE

PEARL AVENUE in Bahagian Sibu, Sarawak recorded 8 subsale transactions in 2023, with a median price of RM 392K and a median price per square foot (PSF) of RM 205.

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 392K, with most transactions falling within a stable range of RM 350K to RM 433K, and a typical market range of RM 364K to RM 420K.

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

The median PSF stands at RM 205, with core pricing between RM 169 and RM 241. Market pricing typically extends from RM 169.00 to RM 241.00, reflecting moderate variation in unit pricing. The spread of RM 72.00 (IQR) and deviation of RM 36 (MAD) suggest moderate price variations reflecting different property features.

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.