BENONI COMMERCIAL CENTRE

BENONI COMMERCIAL CENTRE in Papar, Sabah recorded 2 subsale transactions in 2022, with a median price of RM 950K and a median price per square foot (PSF) of RM 527.

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 950K, with most transactions falling within a stable range of RM 900K to RM 1.00 million, and a typical market range of RM 900K to RM 1.00 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 527, with most transactions between RM 481 and RM 572. The usual range is RM 469.50 to RM 583.50, showing that most units are priced quite close to each other. With an IQR of RM 114.00 and MAD of RM 46, 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.