Commercial Market
Median Price
RM 482,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Shop/Retail Lot
7 properties
Median Price
RM 866,250
+159.1% CAGR
Median PSF
RM 810.00
+159.2% CAGR
Office Lot
4 properties
Median Price
RM 475,000
-41.7% CAGR
Median PSF
RM 500.50
-51.7% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Shop/Retail Lot | 7 |
RM 866,250
±384K MAD
|
+159.07% |
RM 810.00
±359 MAD
|
+159.20% | |
Office Lot | 4 |
RM 475,000
±125K MAD
|
-41.67% |
RM 500.50
±175 MAD
|
-51.70% |
PLAZA 333 (KOBUSAK COMMERCIAL CENTRE) in Penampang, Sabah recorded 4 subsale transactions in 2022, with a median price of RM 483K and a median price per square foot (PSF) of RM 451.
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 483K, with most transactions falling within a stable range of RM 320K to RM 749K, and a typical market range of RM 320K to RM 808K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
Price per square foot shows a median of RM 451, though individual units vary from RM 225 to RM 677 in the core range. The broader market spans RM 159.50 to RM 742.50, indicating diverse property characteristics. A wider spread (IQR: RM 583.00) and deviation (MAD: RM 226) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 550,000
|
RM 538.00
|
1,022 sqft
|
Jan 2022
|
RM 415,000
|
RM 364.00
|
1,139 sqft
|
Jan 2022
|
RM 1,015,000
|
RM 850.00
|
1,194 sqft
|
Jan 2022
|
RM 320,000
|
RM 250.00
|
1,281 sqft
|
Jan 2022
|