SEC RANCHA-RANCHA

SEC RANCHA-RANCHA in Labuan, Labuan recorded 4 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 149.

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 400K, with most transactions falling within a stable range of RM 305K to RM 522K, and a typical market range of RM 305K to RM 528K.

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

Price per square foot shows a median of RM 149, though individual units vary from RM 116 to RM 182 in the core range. The broader market spans RM 117.25 to RM 180.75, indicating diverse property characteristics. The spread of RM 63.50 (IQR) and deviation of RM 33 (MAD) suggest moderate price variations reflecting different property features.

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.