RANTAU PANJANG JAYA

RANTAU PANJANG JAYA in Bahagian Sibu, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 395K and a median price per square foot (PSF) of RM 334.

This area contains both residential and commercial properties. View 6 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 395K, with most transactions falling within a stable range of RM 300K to RM 640K, and a typical market range of RM 323K to RM 468K.

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 334, though individual units vary from RM 173 to RM 495 in the core range. The broader market spans RM 291.75 to RM 376.25, indicating diverse property characteristics. A wider spread (IQR: RM 84.50) and deviation (MAD: RM 161) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.