SUNGAI MERAH PARK A FASA 2
Residential Market
Median Price
RM 430,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
10 properties
Median Price
RM 457,000
+3.4% CAGR
Median PSF
RM 213.50
+7.1% CAGR
Single Storey Terraced
3 properties
Median Price
RM 311,250
+10.6% CAGR
Median PSF
RM 150.25
+12.2% CAGR
Low-Cost House
2 properties
Median Price
RM 293,500
-1.0% CAGR
Median PSF
RM 226.50
-15.1% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 10 |
RM 457,000
±25K MAD
|
+3.42% |
RM 213.50
±20 MAD
|
+7.14% | |
Single Storey Terraced | 3 |
RM 311,250
±31K MAD
|
+10.60% |
RM 150.25
±17 MAD
|
+12.22% | |
Low-Cost House | 2 |
RM 293,500
±2K MAD
|
-1.02% |
RM 226.50
±19 MAD
|
-15.10% |
SUNGAI MERAH PARK A FASA 2 in Bahagian Sibu, Sarawak recorded 7 subsale transactions in 2022, with a median price of RM 430K and a median price per square foot (PSF) of RM 197.
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 430K, with most transactions falling within a stable range of RM 420K to RM 449K, and a typical market range of RM 420K to RM 468K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 197, with most transactions between RM 189 and RM 205. The usual range is RM 185.25 to RM 208.75, 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 8 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.
Filter by type, year, price, and size
Transactions
7 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
BLOK 10,LRG ULU SG MERAH 52D
|
RM 420,000
|
RM 201.00
|
2,090 sqft
|
Dec 2022
|
JLN USM (P/LOT 15791)
|
RM 430,000
|
RM 197.00
|
2,179 sqft
|
Nov 2022
|
|
JLN USM (P/LOT 15791)
|
RM 468,000
|
RM 215.00
|
2,179 sqft
|
Nov 2022
|
|
BLOK 10,JLN USM
|
RM 430,000
|
RM 197.00
|
2,179 sqft
|
Jun 2022
|
|
JLN USM (P/LOT 15791)
|
RM 468,000
|
RM 215.00
|
2,179 sqft
|
Jun 2022
|
|
JALAN ULU SUNGAI MERAH
|
RM 428,000
|
RM 196.00
|
2,179 sqft
|
Apr 2022
|
|
JLN USM (P/LOT 15791)
|
RM 428,000
|
RM 196.00
|
2,179 sqft
|
Apr 2022
|