SUNGAI MERAH COMMERCIAL CENTRE

SUNGAI MERAH COMMERCIAL CENTRE in Bahagian Sibu, Sarawak recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 860K and a median price per square foot (PSF) of RM 666.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 860K, with most transactions falling within a stable range of RM 840K to RM 880K, and a typical market range of RM 840K to RM 885K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 666, with most transactions between RM 632 and RM 700. The usual range is RM 631.00 to RM 701.00, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 34, 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.