LORONG RIA
Bahagian Sibu, Sarawak · Leasehold · 6 transactions
Median Price
RM600K
RM470K – RM775K
Median PSF
RM364
RM282 – RM379
Transactions
6
2022-04 to 2024-02
Size Range
1582 – 2131
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for LORONG RIA
Investment Return
Earliest PSF (2022)
RM364
Current PSF (2024)
RM306
Capital Gain
-16.0%
Total Return (est.)
-3.7% p.a.
| Capital appreciation (2 years) | -16.0% |
| Annualised capital return | -8.0% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | -3.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -14.4% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Sarawak district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,600 sqft | 2 | RM600K | RM379 |
| 1,650 sqft | 2 | RM500K | RM306 |
Market Verdict
PSF Trend: Declining
PSF moved from RM364 (2022) to RM306 (2024)
Liquidity: Low
6 transactions over 2 years (~3/year)
13% above Bahagian Sibu average
This project: RM364 PSF vs Bahagian Sibu median: RM322 PSF
Est. Total Return: -3.7% p.a. (below FD)
Capital loss (-8.0% p.a.) + rental yield (~4.3% p.a.)
Verdict
LORONG RIA delivers a modest estimated total return of -3.7% p.a. — comprising -8.0% capital depreciation and ~4.3% rental yield over 2 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 13% above the Bahagian Sibu average, reflecting its positioning as a premium development in the area.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 6| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Feb 2024 | 2 - 2 1/2 Storey Semi-Detached | Leasehold | 1,636 | RM306 | RM500K |
| Jun 2023 | 2 - 2 1/2 Storey Semi-Detached | Leasehold | 1,582 | RM379 | RM600K |
| May 2023 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,668 | RM282 | RM470K |
| May 2023 | Detached | Leasehold | 1,905 | RM735 | RM1.40M |
| May 2022 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,582 | RM228 | RM360K |
1 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 6 records
3 interactive charts
Scatter, price & PSF vs Bahagian Sibu & Sarawak
Percentile breakdown
25th, 50th, 75th price & PSF
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