Area Intelligence

BANDAR SARIKEI

6 properties
2024
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Median Price
RM 825,000
PSF: RM 376

Residential Market

Median Price

RM 450,000

IQR: RM 58
MAD: RM 30
RM 133 PSF 4.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 970,000

IQR: RM 690
MAD: RM 314
RM 569 PSF 8.3%

PSF Trends (2021-2025)

BANDAR SARIKEI in Bahagian Sarikei, Sarawak recorded 6 subsale transactions in 2024, with a median price of RM 825K and a median price per square foot (PSF) of RM 376.

This area contains both residential and commercial properties. View 7 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 825K, with most transactions falling within a stable range of RM 521K to RM 1.03 million, and a typical market range of RM 476K to RM 1.03 million.

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

Price per square foot shows a median of RM 376, though individual units vary from RM 110 to RM 641 in the core range. The broader market spans RM 124.13 to RM 626.88, indicating diverse property characteristics. A wider spread (IQR: RM 502.75) and deviation (MAD: RM 266) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR SARIKEI, Bahagian Sarikei, Sarawak

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Transactions

6 properties grouped by size

1,150 sqft
1 units 3-Storey Storey Shop
RM 970,000
SARIKEI
1,161 sqft · RM 835.00 PSF
Oct 2024
1,500 sqft
1 units Double Storey Terraced
RM 200,000
SUNGAI NYELONG
1,500 sqft · RM 133.00 PSF
Feb 2024
1,800 sqft
2 units
RM 950,000
3-Storey Storey Shop SARIKEI MUNICIPAL AREA
1,824 sqft · RM 521.00 PSF
Apr 2024
RM 1,030,000
Double Storey Shop BLOK 36
1,812 sqft · RM 569.00 PSF
Mar 2024
1,950 sqft
1 units Double Storey Terraced
RM 450,000
LORONG 5B
1,958 sqft · RM 230.00 PSF
Jan 2024
7,050 sqft
1 units Double Storey Terraced
RM 700,000
JALAN KELI
7,071 sqft · RM 99.00 PSF
Sep 2024