MELINSUNG SUMMER BAY RESORT APT

MELINSUNG SUMMER BAY RESORT APT in Papar, Sabah recorded 6 subsale transactions in 2024, with a median price of RM 135K and a median price per square foot (PSF) of RM 223.

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 135K, with most transactions falling within a stable range of RM 79K to RM 191K, and a typical market range of RM 95K to RM 175K.

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

The median PSF stands at RM 223, with core pricing between RM 191 and RM 254. Market pricing typically extends from RM 196.00 to RM 249.00, reflecting moderate variation in unit pricing. With an IQR of RM 53.00 and MAD of RM 32, 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.