PELAGOS DESIGNER SUITES @ WATERFRONT

PELAGOS DESIGNER SUITES @ WATERFRONT in Kota Kinabalu, Sabah recorded 2 subsale transactions in 2021, with a median price of RM 710K and a median price per square foot (PSF) of RM 802.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 710K, with most transactions falling within a stable range of RM 630K to RM 790K, and a typical market range of RM 630K to RM 790K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 802, with most transactions between RM 784 and RM 820. The usual range is RM 769.25 to RM 834.75, showing that most units are priced quite close to each other. With an IQR of RM 65.50 and MAD of RM 18, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.