SUNGAI MERAH PARK A FASA 2

SUNGAI MERAH PARK A FASA 2 in Bahagian Sibu, Sarawak recorded 10 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 432K and a median price per square foot (PSF) of RM 199.

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 432K, with most transactions falling within a stable range of RM 420K to RM 457K, and a typical market range of RM 420K to RM 486K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 199, with most transactions between RM 184 and RM 214. The usual range is RM 187.25 to RM 210.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.50 and an average deviation (MAD) of RM 15 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.