SUNGAI MERAH PARK A FASA 2

Area Intelligence
2 subsale transactions
Low-Cost House
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Median Price
RM 293,500
PSF: RM 227

Residential PSF Trends

Median Price

RM 293,500

PSF: RM 227

SUNGAI MERAH PARK A FASA 2 in Bahagian Sibu, Sarawak recorded 2 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 294K and a median price per square foot (PSF) of RM 227.

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 294K, with most transactions falling within a stable range of RM 292K to RM 295K, and a typical market range of RM 292K to RM 295K.

Within the Low-Cost House category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 227, with most transactions between RM 208 and RM 245. The usual range is RM 214.75 to RM 238.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.50 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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SUNGAI MERAH PARK A FASA 2, Bahagian Sibu, Sarawak

OSM

Transactions

2 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,200 sqft
Low-Cost House
RM 295,000
LORONG 56H/1G
1,202 sqft · RM 245.00 PSF
Jul 2023
1,400 sqft
Low-Cost House
RM 292,000
LORONG ULU SUNGAI MERAH
1,401 sqft · RM 208.00 PSF
Jul 2024