Area Intelligence

TMN FORMOSA PH 1B

3 properties
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Median Price
RM 1,020,000
PSF: RM 416

Residential Market

Median Price

RM 1,020,000

IQR: RM 30
MAD: RM 3
RM 416 PSF 14.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN FORMOSA PH 1B in Penampang, Sabah recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 1.02 million and a median price per square foot (PSF) of RM 416.

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 1.02 million, with most transactions falling within a stable range of RM 890K to RM 1.15 million, and a typical market range of RM 890K to RM 1.19 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 416, with most transactions between RM 413 and RM 419. The usual range is RM 401.00 to RM 431.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN FORMOSA PH 1B, Penampang, Sabah

OSM

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Transactions

3 properties grouped by size

2,150 sqft
2 units Double Storey Terraced
RM 1,020,000
PHASE 1B,,JLN BUNDUSAN
2,156 sqft · RM 473.00 PSF
Feb 2023
RM 890,000
PHASE 1B,,JLN BUNDUSAN
2,156 sqft · RM 413.00 PSF
Aug 2022
3,700 sqft
1 units Double Storey Semi-D
RM 1,550,000
PHASE 1B,,STAGE 2, JLN BUNDUSAN
3,724 sqft · RM 416.00 PSF
Aug 2022