Commercial Market
Median Price
RM 2,300,000
PSF Trends (2021-2025)
PLAZA 22 in Papar, Sabah recorded 1 subsale transactions in 2024, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 765.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 765, with most transactions between RM 765 and RM 765. The usual range is RM 763.25 to RM 766.75, 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 0 indicate a highly stable PSF trend across properties.
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.
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Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Shop |
JLN PENGALAT LOK KAWI
|
RM 2,300,000
|
RM 765.00
|
3,005 sqft
|
Jul 2024
|