JALAN INDAH

JALAN INDAH in Bahagian Sibu, Sarawak recorded 5 subsale transactions in 2022, with a median price of RM 265K and a median price per square foot (PSF) of RM 155.

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 265K, with most transactions falling within a stable range of RM 210K to RM 424K, and a typical market range of RM 210K to RM 346K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 155, with core pricing between RM 128 and RM 182. Market pricing typically extends from RM 117.63 to RM 192.38, reflecting moderate variation in unit pricing. The spread of RM 74.75 (IQR) and deviation of RM 27 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.