Area Intelligence

ASIA CITY

5 properties
2023
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Median Price
RM 550,000
PSF: RM 400

Commercial Market

Median Price

RM 550,000

IQR: RM 750
MAD: RM 50
RM 400 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ASIA CITY in Kota Kinabalu, Sabah recorded 5 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 400.

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 550K, with most transactions falling within a stable range of RM 420K to RM 1.02 million, and a typical market range of RM 420K to RM 985K.

Most transactions involved office lot, though some variety exists in the market.

Price per square foot shows a median of RM 400, though individual units vary from RM 33 to RM 767 in the core range. The broader market spans RM 25.00 to RM 775.00, indicating diverse property characteristics. A wider spread (IQR: RM 750.00) and deviation (MAD: RM 367) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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ASIA CITY, Kota Kinabalu, Sabah

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Transactions

5 properties grouped by size

1,200 sqft
3 units
RM 420,000
Office Lot
1,200 sqft · RM 350.00 PSF
Nov 2023
RM 1,350,000
Shop/Retail Lot
1,200 sqft · RM 1,125.00 PSF
Oct 2023
RM 480,000
Office Lot
1,200 sqft · RM 400.00 PSF
Mar 2023
1,350 sqft
1 units Shop/Retail Lot
RM 1,500,000
1,350 sqft · RM 1,111.00 PSF
May 2023
1,500 sqft
1 units Office Lot
RM 550,000
1,525 sqft · RM 361.00 PSF
Oct 2023