Area Intelligence

TMN NICE

2 properties
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Median Price
RM 967,500
PSF: RM 719

Residential Market

Median Price

RM 600,000

RM 325 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,335,000

RM 1,112 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN NICE in Penampang, Sabah recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 968K and a median price per square foot (PSF) of RM 719.

This area contains both residential and commercial properties. View 1 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 968K, with most transactions falling within a stable range of RM 600K to RM 1.34 million, and a typical market range of RM 784K to RM 1.15 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 719, though individual units vary from RM 325 to RM 1,112 in the core range. The broader market spans RM 521.75 to RM 915.25, indicating diverse property characteristics. A wider spread (IQR: RM 393.50) and deviation (MAD: RM 394) 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.

Area Location

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TMN NICE, Penampang, Sabah

OSM

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Transactions

2 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 1,335,000
JLN PENAMPANG
1,200 sqft · RM 1,112.00 PSF
Feb 2024
1,850 sqft
1 units Double Storey Terraced
RM 600,000
LORONG REFLISIA 2
1,847 sqft · RM 325.00 PSF
May 2021