WISMA LANGAT

WISMA LANGAT in Penampang, Sabah recorded 3 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 428.

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 450K, with most transactions falling within a stable range of RM 450K to RM 544K, and a typical market range of RM 450K to RM 550K.

Most transactions involved office lot, with minimal variety in property types.

Price per square foot shows a median of RM 428, though individual units vary from RM 322 to RM 534 in the core range. The broader market spans RM 322.50 to RM 533.50, indicating diverse property characteristics. The spread of RM 211.00 (IQR) and deviation of RM 106 (MAD) suggest moderate price variations reflecting different property features.

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.