WATERFRONT RESIDENCE

WATERFRONT RESIDENCE in Bahagian Sibu, Sarawak recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 650K and a median price per square foot (PSF) of RM 528.

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 650K, with most transactions falling within a stable range of RM 475K to RM 825K, and a typical market range of RM 488K to RM 813K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 528, with most transactions between RM 491 and RM 565. The usual range is RM 494.63 to RM 561.38, showing that most units are priced quite close to each other. With an IQR of RM 66.75 and MAD of RM 37, 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.