SUNGAI MERAH HEIGHT PARK B

SUNGAI MERAH HEIGHT PARK B in Bahagian Sibu, Sarawak recorded 3 subsale transactions in 2022, with a median price of RM 455K and a median price per square foot (PSF) of RM 225.

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 455K, with most transactions falling within a stable range of RM 331K to RM 460K, and a typical market range of RM 421K to RM 460K.

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 225, with most transactions between RM 222 and RM 228. The usual range is RM 218.25 to RM 231.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.50 and an average deviation (MAD) of RM 3 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.