LUMAT CENTRE

LUMAT CENTRE in Beaufort, Sabah recorded 2 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 537.

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 650K, with most transactions falling within a stable range of RM 600K to RM 700K, and a typical market range of RM 600K to RM 700K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 537, with most transactions between RM 495 and RM 578. The usual range is RM 470.38 to RM 602.63, showing that most units are priced quite close to each other. With an IQR of RM 132.25 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.