TAMAN TEKU

TAMAN TEKU in Bahagian Sibu, Sarawak recorded 11 subsale transactions in 2022, with a median price of RM 345K and a median price per square foot (PSF) of RM 178.

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 345K, with most transactions falling within a stable range of RM 270K to RM 437K, and a typical market range of RM 275K to RM 415K.

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

The median PSF stands at RM 178, with core pricing between RM 152 and RM 204. Market pricing typically extends from RM 156.25 to RM 199.75, reflecting moderate variation in unit pricing. With an IQR of RM 43.50 and MAD of RM 26, 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.