RPR SIBIYU PHASE 3

RPR SIBIYU PHASE 3 in Bahagian Bintulu, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 511K and a median price per square foot (PSF) of RM 193.

This area contains both residential and commercial properties. View 6 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 511K, with most transactions falling within a stable range of RM 392K to RM 630K, and a typical market range of RM 392K to RM 630K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 193, with most transactions between RM 190 and RM 196. The usual range is RM 93.75 to RM 292.25, showing that most units are priced quite close to each other. With an IQR of RM 198.50 and MAD of RM 3, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.