ITCC

ITCC in Penampang, Sabah recorded 3 subsale transactions in 2022, with a median price of RM 547K and a median price per square foot (PSF) of RM 1,287.

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 547K, with most transactions falling within a stable range of RM 195K to RM 947K, and a typical market range of RM 352K to RM 742K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 1,287, though individual units vary from RM 1,001 to RM 1,573 in the core range. The broader market spans RM 1,098.25 to RM 1,475.75, indicating diverse property characteristics. The spread of RM 377.50 (IQR) and deviation of RM 286 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.