Area Intelligence

GRAND INDUSTRIAL CENTRE PH II

3 properties
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Median Price
RM 1,700,000
PSF: RM 1,063

Commercial Market

Median Price

RM 1,700,000

IQR: RM 139
MAD: RM 60
RM 1,063 PSF 7.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

GRAND INDUSTRIAL CENTRE PH II in Penampang, Sabah recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 1.70 million and a median price per square foot (PSF) of RM 1,063.

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 1.70 million, with most transactions falling within a stable range of RM 1.60 million to RM 1.80 million, and a typical market range of RM 1.60 million to RM 1.88 million.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 1,063, with most transactions between RM 1,003 and RM 1,123. The usual range is RM 993.75 to RM 1,132.25, showing that most units are priced quite close to each other. With an IQR of RM 138.50 and MAD of RM 60, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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GRAND INDUSTRIAL CENTRE PH II, Penampang, Sabah

OSM

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Transactions

3 properties grouped by size

1,600 sqft
1 units Terraced Factory
RM 1,700,000
JLN BUNDUSAN
1,600 sqft · RM 1,063.00 PSF
Feb 2024
1,900 sqft
1 units Semi-D Factory
RM 1,600,000
JALAN PENAMPANG LAMA
1,892 sqft · RM 846.00 PSF
Jun 2024
2,050 sqft
1 units Terraced Factory
RM 2,300,000
JLN LAMA Penampang
2,048 sqft · RM 1,123.00 PSF
Jun 2022