TAMAN SIBIEW INDAH

TAMAN SIBIEW INDAH in Bahagian Bintulu, Sarawak recorded 4 subsale transactions in 2023, with a median price of RM 348K and a median price per square foot (PSF) of RM 156.

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 348K, with most transactions falling within a stable range of RM 280K to RM 427K, and a typical market range of RM 280K to RM 418K.

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

Price per square foot shows a median of RM 156, though individual units vary from RM 101 to RM 210 in the core range. The broader market spans RM 109.00 to RM 202.00, indicating diverse property characteristics. A wider spread (IQR: RM 93.00) and deviation (MAD: RM 55) indicate significant PSF variations, likely due to diverse property types or conditions.

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.