TAMAN SOON HUP (JLN TEBU)

TAMAN SOON HUP (JLN TEBU) in Bahagian Sibu, Sarawak recorded 2 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 195.

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 550K, with most transactions falling within a stable range of RM 420K to RM 680K, and a typical market range of RM 420K to RM 680K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 195, with core pricing between RM 166 and RM 224. Market pricing typically extends from RM 183.63 to RM 206.38, reflecting moderate variation in unit pricing. With an IQR of RM 22.75 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.

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.