MILENIUM PARK

MILENIUM PARK in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2024, with a median price of RM 575K and a median price per square foot (PSF) of RM 185.

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 575K, with most transactions falling within a stable range of RM 400K to RM 750K, and a typical market range of RM 528K to RM 623K.

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

For price per square foot, the median is RM 185, with most transactions between RM 168 and RM 202. The usual range is RM 174.63 to RM 195.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.75 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.