Area Intelligence

PLAZA 22

2 properties
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Median Price
RM 1,625,000
PSF: RM 769

Commercial Market

Median Price

RM 1,625,000

IQR: RM 4
MAD: RM 4
RM 769 PSF

PSF Trends (2021-2025)

PLAZA 22 in Papar, Sabah recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.63 million and a median price per square foot (PSF) of RM 769.

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 1.63 million, with most transactions falling within a stable range of RM 950K to RM 2.30 million, and a typical market range of RM 1.29 million to RM 1.96 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 769, with most transactions between RM 765 and RM 772. The usual range is RM 766.75 to RM 770.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 3.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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.

Area Location

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PLAZA 22, Papar, Sabah

OSM

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Transactions

2 properties grouped by size

1,250 sqft
1 units Double Storey Shop
RM 950,000
JLN PENGALAT - LOK KAWI
1,230 sqft · RM 772.00 PSF
Feb 2025
3,000 sqft
1 units Double Storey Shop
RM 2,300,000
JLN PENGALAT LOK KAWI
3,005 sqft · RM 765.00 PSF
Jul 2024