SUNGAI MERAH PARK A FASA 2

SUNGAI MERAH PARK A FASA 2 in Bahagian Sibu, Sarawak recorded 4 subsale transactions in 2023, with a median price of RM 343K and a median price per square foot (PSF) of RM 209.

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 343K, with most transactions falling within a stable range of RM 295K to RM 419K, and a typical market range of RM 295K to RM 397K.

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

The median PSF stands at RM 209, with core pricing between RM 171 and RM 246. Market pricing typically extends from RM 196.75 to RM 220.25, reflecting moderate variation in unit pricing. The spread of RM 23.50 (IQR) and deviation of RM 38 (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.