TAMAN RIVERVIEW

TAMAN RIVERVIEW in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2021, with a median price of RM 594K and a median price per square foot (PSF) of RM 148.

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 594K, with most transactions falling within a stable range of RM 550K to RM 638K, and a typical market range of RM 561K to RM 628K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 148, with core pricing between RM 120 and RM 175. Market pricing typically extends from RM 118.75 to RM 176.25, reflecting moderate variation in unit pricing. The spread of RM 57.50 (IQR) and deviation of RM 28 (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.