JALAN INDAH

JALAN INDAH in Bahagian Sibu, Sarawak recorded 9 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 203.

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 340K, with most transactions falling within a stable range of RM 252K to RM 428K, and a typical market range of RM 260K to RM 421K.

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

Price per square foot shows a median of RM 203, though individual units vary from RM 160 to RM 246 in the core range. The broader market spans RM 165.63 to RM 240.38, indicating diverse property characteristics. The spread of RM 74.75 (IQR) and deviation of RM 43 (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.