SUNGAI MERAH PARK A FASA 2

SUNGAI MERAH PARK A FASA 2 in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2021, with a median price of RM 357K and a median price per square foot (PSF) of RM 160.

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 357K, with most transactions falling within a stable range of RM 280K to RM 434K, and a typical market range of RM 303K to RM 411K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 160, with core pricing between RM 133 and RM 187. Market pricing typically extends from RM 148.25 to RM 171.75, reflecting moderate variation in unit pricing. The spread of RM 23.50 (IQR) and deviation of RM 27 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.