Area Intelligence

TAMAN SERI MEWAH

7 properties
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Median Price
RM 450,000
PSF: RM 215

Residential Market

Median Price

RM 450,000

IQR: RM 13
MAD: RM 5
RM 215 PSF 1.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SERI MEWAH in Bahagian Sibu, Sarawak recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 450K and a median price per square foot (PSF) of RM 215.

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 450K, with most transactions falling within a stable range of RM 448K to RM 452K, and a typical market range of RM 448K to RM 463K.

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 215, with most transactions between RM 210 and RM 220. The usual range is RM 208.75 to RM 221.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.50 and an average deviation (MAD) of RM 5 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SERI MEWAH, Bahagian Sibu, Sarawak

OSM

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Transactions

7 properties grouped by size

1,800 sqft
1 units Double Storey Terraced
RM 450,000
LRG ULU SG MERAH 40C
1,818 sqft · RM 248.00 PSF
Oct 2022
2,100 sqft
5 units Double Storey Terraced
RM 485,000
OFF JLN ULU SG MERAH (PEC. LOT O
2,110 sqft · RM 230.00 PSF
Apr 2024
RM 450,000
LRG ULU SG MERAH 40E
2,089 sqft · RM 215.00 PSF
Nov 2023
RM 450,000
LRG ULU SG MERAH PL 23687
2,116 sqft · RM 213.00 PSF
Nov 2022
RM 448,000
OFF JLN ULU SG MERAH (PEC. LOT OT
2,110 sqft · RM 212.00 PSF
Mar 2022
RM 465,000
LRG ULU SG MERAH PL 23687
2,110 sqft · RM 220.00 PSF
Dec 2021
4,000 sqft
1 units Double Storey Semi-D
RM 560,000
LRG ULU SG MERAH 46B1
4,020 sqft · RM 139.00 PSF
Feb 2023