TAMAN BOUGENVILLA

TAMAN BOUGENVILLA in Bahagian Sibu, Sarawak recorded 5 subsale transactions in 2023, with a median price of RM 385K and a median price per square foot (PSF) of RM 165.

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 385K, with most transactions falling within a stable range of RM 254K to RM 516K, and a typical market range of RM 329K to RM 441K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 165, with core pricing between RM 135 and RM 195. Market pricing typically extends from RM 152.50 to RM 177.50, reflecting moderate variation in unit pricing. The spread of RM 25.00 (IQR) and deviation of RM 30 (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.