Area Intelligence

BANDAR BARU Penampang

4 properties
Double Storey Shop
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Median Price
RM 1,275,000
PSF: RM 1,020

Commercial Market

Median Price

RM 1,275,000

IQR: RM 330
MAD: RM 128
RM 1,020 PSF 26.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR BARU PENAMPANG in Penampang, Sabah recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.28 million and a median price per square foot (PSF) of RM 1,020.

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 1.28 million, with most transactions falling within a stable range of RM 1.03 million to RM 1.64 million, and a typical market range of RM 1.03 million to RM 1.59 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 1,020, though individual units vary from RM 729 to RM 1,311 in the core range. The broader market spans RM 855.00 to RM 1,185.00, indicating diverse property characteristics. A wider spread (IQR: RM 330.00) and deviation (MAD: RM 291) indicate significant PSF variations, likely due to diverse property types or conditions.

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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BANDAR BARU Penampang, Penampang, Sabah

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Transactions

4 properties grouped by size

1,250 sqft
4 units Double Storey Shop
RM 1,250,000
JLN Penampang
1,250 sqft · RM 1,000.00 PSF
Jun 2024
RM 2,000,000
JLN Penampang
1,250 sqft · RM 1,600.00 PSF
Jan 2024
RM 1,300,000
BLOK 35,JLN Penampang
1,250 sqft · RM 1,040.00 PSF
Nov 2023
RM 1,030,000
JLN Penampang
1,250 sqft · RM 824.00 PSF
Jun 2023