PLAZA 333 (KOBUSAK COMMERCIAL CENTRE)

PLAZA 333 (KOBUSAK COMMERCIAL CENTRE) in Penampang, Sabah recorded 6 subsale transactions in 2023, with a median price of RM 975K and a median price per square foot (PSF) of RM 931.

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 975K, with most transactions falling within a stable range of RM 658K to RM 1.25 million, and a typical market range of RM 650K to RM 1.25 million.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 931, though individual units vary from RM 629 to RM 1,233 in the core range. The broader market spans RM 639.50 to RM 1,222.50, indicating diverse property characteristics. A wider spread (IQR: RM 583.00) and deviation (MAD: RM 302) 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.