SEMEBA PARK

SEMEBA PARK in Bahagian Kuching, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 495K and a median price per square foot (PSF) of RM 237.

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 495K, with most transactions falling within a stable range of RM 360K to RM 694K, and a typical market range of RM 377K to RM 613K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 237, with core pricing between RM 193 and RM 281. Market pricing typically extends from RM 213.00 to RM 261.00, reflecting moderate variation in unit pricing. The spread of RM 48.00 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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.