ULU SUNGAI MERAH

ULU SUNGAI MERAH in Bahagian Sibu, Sarawak recorded 37 subsale transactions between 2021 and 2025, with a median price of RM 450K and a median price per square foot (PSF) of RM 213.

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 393K to RM 500K, and a typical market range of RM 388K to RM 500K.

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

The median PSF stands at RM 213, with core pricing between RM 186 and RM 240. Market pricing typically extends from RM 187.75 to RM 238.25, reflecting moderate variation in unit pricing. With an IQR of RM 50.50 and MAD of RM 27, 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. Moderate transaction volume may require patience when buying or selling.