Area Intelligence

REJANG PARK

8 properties
2024
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Median Price
RM 407,500
PSF: RM 196

Residential Market

Median Price

RM 407,500

IQR: RM 57
MAD: RM 32
RM 196 PSF 9.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,000,000

RM 625 PSF

PSF Trends (2021-2025)

REJANG PARK in Bahagian Sibu, Sarawak recorded 8 subsale transactions in 2024, with a median price of RM 408K and a median price per square foot (PSF) of RM 196.

This area contains both residential and commercial properties. View 24 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 408K, with most transactions falling within a stable range of RM 300K to RM 526K, and a typical market range of RM 348K to RM 468K.

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

Price per square foot shows a median of RM 196, though individual units vary from RM 151 to RM 241 in the core range. The broader market spans RM 155.50 to RM 236.50, indicating diverse property characteristics. The spread of RM 81.00 (IQR) and deviation of RM 45 (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.

Area Location

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REJANG PARK, Bahagian Sibu, Sarawak

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Transactions

8 properties found

Double Storey Terraced LRG REJANG PARK 8
RM 415,000
1,598 sqft Sep 2024
RM 260.00 PSF
Double Storey Terraced REJANG PARK 23
RM 368,000
1,870 sqft Aug 2024
RM 197.00 PSF
Double Storey Semi-D JLN REJANG PARK 12
RM 700,000
3,504 sqft Apr 2024
RM 200.00 PSF
Double Storey Terraced JLN SIMPOH
RM 470,000
3,088 sqft Apr 2024
RM 152.00 PSF
Double Storey Terraced LRG REJANG PARK 3
RM 400,000
1,598 sqft Apr 2024
RM 250.00 PSF
Double Storey Terraced LRG REJANG PARK 10
RM 325,000
1,668 sqft Mar 2024
RM 195.00 PSF
Double Storey Terraced LRG MERDEKA 18
RM 495,000
4,142 sqft Feb 2024
RM 120.00 PSF
Double Storey Terraced LRG REJANG PARK 10
RM 300,000
1,964 sqft Feb 2024
RM 153.00 PSF