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 found

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