LOK KAWI INDUSTRIAL ESTATE

LOK KAWI INDUSTRIAL ESTATE in Papar, Sabah recorded 3 subsale transactions in 2024, with a median price of RM 2.80 million and a median price per square foot (PSF) of RM 165.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.80 million, with most transactions falling within a stable range of RM 2.70 million to RM 2.90 million, and a typical market range of RM 2.70 million to RM 2.93 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 165, with core pricing between RM 132 and RM 198. Market pricing typically extends from RM 142.75 to RM 187.25, reflecting moderate variation in unit pricing. The spread of RM 44.50 (IQR) and deviation of RM 33 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.