KOTA KINABALU INDUSTRIAL PARK (KKIP)

KOTA KINABALU INDUSTRIAL PARK (KKIP) in Kota Kinabalu, Sabah recorded 4 subsale transactions in 2023, with a median price of RM 3.00 million and a median price per square foot (PSF) of RM 126.

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 3.00 million, with most transactions falling within a stable range of RM 2.70 million to RM 6.51 million, and a typical market range of RM 2.70 million to RM 6.20 million.

Most transactions involved detached factory/warehouse, with moderate diversity in property types available.

For price per square foot, the median is RM 126, with most transactions between RM 115 and RM 137. The usual range is RM 16.38 to RM 235.63, showing that most units are priced quite close to each other. With an IQR of RM 219.25 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.

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.