BEAUFORT SQUARE

BEAUFORT SQUARE in Beaufort, Sabah recorded 3 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 308.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 291K to RM 709K, and a typical market range of RM 355K to RM 645K.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 308, though individual units vary from RM 99 to RM 517 in the core range. The broader market spans RM 182.63 to RM 433.38, indicating diverse property characteristics. A wider spread (IQR: RM 250.75) and deviation (MAD: RM 209) indicate significant PSF variations, likely due to diverse property types or conditions.

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.