TAMAN TEKU

TAMAN TEKU in Bahagian Sibu, Sarawak recorded 10 subsale transactions in 2023, with a median price of RM 444K and a median price per square foot (PSF) of RM 212.

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 444K, with most transactions falling within a stable range of RM 378K to RM 490K, and a typical market range of RM 374K to RM 490K.

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

The median PSF stands at RM 212, with core pricing between RM 189 and RM 236. Market pricing typically extends from RM 190.25 to RM 233.75, reflecting moderate variation in unit pricing. With an IQR of RM 43.50 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.