THE PALM SQUARE

THE PALM SQUARE in Papar, Sabah recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 635K and a median price per square foot (PSF) of RM 510.

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 635K, with most transactions falling within a stable range of RM 500K to RM 770K, and a typical market range of RM 568K to RM 703K.

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

Price per square foot shows a median of RM 510, though individual units vary from RM 350 to RM 670 in the core range. The broader market spans RM 430.00 to RM 590.00, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 160) indicate significant PSF variations, likely due to diverse property types or conditions.

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.