Area Intelligence

ULU SUNGAI MERAH

25 properties
2023
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Median Price
RM 388,000
PSF: RM 190

Residential Market

Median Price

RM 388,000

IQR: RM 51
MAD: RM 27
RM 190 PSF 1.2%

PSF Trends (2021-2025)

ULU SUNGAI MERAH in Bahagian Sibu, Sarawak recorded 25 subsale transactions in 2023, with a median price of RM 388K and a median price per square foot (PSF) of RM 190.

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 388K, with most transactions falling within a stable range of RM 286K to RM 490K, and a typical market range of RM 326K to RM 450K.

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

The median PSF stands at RM 190, with core pricing between RM 153 and RM 227. Market pricing typically extends from RM 164.75 to RM 215.25, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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ULU SUNGAI MERAH, Bahagian Sibu, Sarawak

OSM

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Transactions

25 properties grouped by size

1,200 sqft
4 units
RM 260,000
Single Storey Terraced JLN ULU SUNGAI MERAH
1,183 sqft · RM 220.00 PSF
Oct 2023
RM 260,000
Low-Cost House BLOK 10,JALAN USM (PARENT OT.38031)
1,184 sqft · RM 220.00 PSF
Mar 2023
RM 270,000
Low-Cost House LOR ULU SG MERAH 46W
1,184 sqft · RM 228.00 PSF
Feb 2023
RM 265,000
Low-Cost House LRG ULU SG MERAH
1,183 sqft · RM 224.00 PSF
Jan 2023
1,350 sqft
1 units Low-Cost House
RM 260,000
LRG ULU SG MERAH 50G1H
1,367 sqft · RM 190.00 PSF
Mar 2023
1,400 sqft
1 units Low-Cost House
RM 300,000
BLOK 10,JLN ULU SG MERAH, SIBU
1,396 sqft · RM 215.00 PSF
Aug 2023
1,450 sqft
1 units Low-Cost House
RM 310,000
JALAN ULU SUNGAI MERAH 50A
1,432 sqft · RM 217.00 PSF
Nov 2023
1,950 sqft
1 units Double Storey Terraced
RM 438,000
LRG ULU SG MERAH 21
1,946 sqft · RM 225.00 PSF
May 2023
2,050 sqft
3 units
RM 370,000
Single Storey Terraced LRG USM 52E, 54E, 54F, 54G, 54J,
2,071 sqft · RM 179.00 PSF
Nov 2023
RM 450,000
Double Storey Terraced BLOK 10,ULU SG SEDUAN, SIBU (P/LOT 2180)
2,072 sqft · RM 217.00 PSF
Sep 2023
RM 355,000
Single Storey Terraced BLOK 10,LRG USM 63 (PEC.LOT 2235)
2,067 sqft · RM 172.00 PSF
Aug 2023
2,100 sqft
6 units
RM 500,000
Double Storey Terraced BLOK 10
2,109 sqft · RM 237.00 PSF
Dec 2023
RM 370,000
Single Storey Terraced LRG ULU SG MERAH 52S (P/LOT 1170)
2,110 sqft · RM 175.00 PSF
Oct 2023
RM 480,000
Double Storey Terraced BLOK 10,JLN USM (P/LOT 2232)
2,110 sqft · RM 228.00 PSF
Aug 2023
RM 390,000
Single Storey Terraced JLN USM (PARENT OT.34422)
2,079 sqft · RM 188.00 PSF
Jul 2023
RM 390,000
Single Storey Terraced BLOK 10,LRG USM
2,109 sqft · RM 185.00 PSF
Jun 2023
RM 350,000
Single Storey Terraced LOR ULU SG MERAH 46S (P/OT.34422)
2,079 sqft · RM 168.00 PSF
May 2023
2,250 sqft
1 units Double Storey Terraced
RM 498,000
BLOK 3,JALAN USM (PARENT LOT 98)
2,260 sqft · RM 220.00 PSF
Aug 2023
2,300 sqft
1 units Double Storey Terraced
RM 490,000
BLOK 10,LRG ULU SUNGAI MERAH 46
2,287 sqft · RM 214.00 PSF
May 2023
2,450 sqft
1 units Double Storey Terraced
RM 445,000
BLOK 10,LORONG ULU SUNGAI MERAH 63J
2,432 sqft · RM 183.00 PSF
Aug 2023
2,550 sqft
1 units Single Storey Terraced
RM 388,000
LORONG ULU SUNGAI MERAH 52D
2,541 sqft · RM 153.00 PSF
Jul 2023
2,600 sqft
1 units Single Storey Terraced
RM 335,000
LRG USM 54M6
2,616 sqft · RM 128.00 PSF
Oct 2023
2,850 sqft
1 units Double Storey Terraced
RM 500,000
BLOK 10,LORONG ULU SUNGAI MERAH 46S2
2,872 sqft · RM 174.00 PSF
Sep 2023
3,550 sqft
1 units Single Storey Terraced
RM 480,000
LRG USM 52E
3,551 sqft · RM 135.00 PSF
Dec 2023
8,200 sqft
1 units Double Storey Terraced
RM 690,000
BLOK 10,JALAN USM (SOUTHERN PARK)
8,180 sqft · RM 84.00 PSF
Jul 2023