CENTRE POINT

CENTRE POINT in Kota Kinabalu, Sabah recorded 3 subsale transactions in 2022, with a median price of RM 750K and a median price per square foot (PSF) of RM 2,211.

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 750K, with most transactions falling within a stable range of RM 611K to RM 889K, and a typical market range of RM 655K to RM 845K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 2,211, with most transactions between RM 2,004 and RM 2,418. The usual range is RM 2,039.00 to RM 2,383.00, showing that most units are priced quite close to each other. With an IQR of RM 344.00 and MAD of RM 207, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.