ULU SUNGAI MERAH

ULU SUNGAI MERAH in Bahagian Sibu, Sarawak recorded 11 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 265K and a median price per square foot (PSF) of RM 210.

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 265K, with most transactions falling within a stable range of RM 240K to RM 290K, and a typical market range of RM 240K to RM 320K.

Within the Low-Cost House category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 210, with core pricing between RM 188 and RM 232. Market pricing typically extends from RM 184.00 to RM 236.00, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.