ING LING 2

ING LING 2 in Bahagian Bintulu, Sarawak recorded 2 subsale transactions in 2022, with a median price of RM 547K and a median price per square foot (PSF) of RM 203.

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 547K, with most transactions falling within a stable range of RM 470K to RM 623K, and a typical market range of RM 525K to RM 568K.

Most transactions involved low-cost house, with moderate diversity in property types available.

Price per square foot shows a median of RM 203, though individual units vary from RM 109 to RM 297 in the core range. The broader market spans RM 153.13 to RM 252.88, indicating diverse property characteristics. A wider spread (IQR: RM 99.75) and deviation (MAD: RM 94) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.