THE LIGHT RESIDENCE

THE LIGHT RESIDENCE in Penampang, Sabah recorded 4 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 521.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 580K, with most transactions falling within a stable range of RM 502K to RM 658K, and a typical market range of RM 520K to RM 640K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 521, with core pricing between RM 465 and RM 576. Market pricing typically extends from RM 507.50 to RM 533.50, reflecting moderate variation in unit pricing. With an IQR of RM 26.00 and MAD of RM 55, 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.