HANN'S RESIDENCE in Bahagian Sibu, Sarawak recorded 9 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 542.
This area contains both residential and commercial properties. View 31 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 355K to RM 546K, and a typical market range of RM 344K to RM 556K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 542, with most transactions between RM 508 and RM 576. The usual range is RM 512.38 to RM 571.63, showing that most units are priced quite close to each other. With an IQR of RM 59.25 and MAD of RM 34, 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.
