PARK RESIDENCE
Bahagian Sibu, Sarawak · Leasehold · 5 transactions
Median Price
RM350K
RM330K – RM376K
Median PSF
RM198
RM177 – RM213
Transactions
5
2021-10 to 2024-06
Size Range
1765 – 1862
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for PARK RESIDENCE
Investment Return
Earliest PSF (2021)
RM225
Current PSF (2024)
RM177
Capital Gain
-21.4%
Total Return (est.)
-2.8% p.a.
| Capital appreciation (3 years) | -21.4% |
| Annualised capital return | -7.1% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | -2.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -19.0% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Sarawak district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,750 sqft | 3 | RM376K | RM213 |
| 1,850 sqft | 2 | RM330K | RM177 |
Market Verdict
PSF Trend: Declining
PSF moved from RM225 (2021) to RM177 (2024)
Liquidity: Low
5 transactions over 3 years (~2/year)
38% below Bahagian Sibu average
This project: RM198 PSF vs Bahagian Sibu median: RM322 PSF
Est. Total Return: -2.8% p.a. (below FD)
Capital loss (-7.1% p.a.) + rental yield (~4.3% p.a.)
Verdict
PARK RESIDENCE delivers a modest estimated total return of -2.8% p.a. — comprising -7.1% capital depreciation and ~4.3% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 38% below the Bahagian Sibu average — potentially undervalued.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 5| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jun 2024 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,862 | RM177 | RM330K |
| Feb 2024 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,862 | RM177 | RM330K |
| Mar 2022 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,765 | RM198 | RM350K |
| Nov 2021 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,765 | RM225 | RM398K |
| Oct 2021 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,765 | RM213 | RM376K |
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 5 records
3 interactive charts
Scatter, price & PSF vs Bahagian Sibu & Sarawak
Percentile breakdown
25th, 50th, 75th price & PSF
Instant access. No subscription.