GRAND PLAZA PUTATAN

GRAND PLAZA PUTATAN in Putatan, Sabah recorded 2 subsale transactions in 2023, with a median price of RM 458K and a median price per square foot (PSF) of RM 231.

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 458K, with most transactions falling within a stable range of RM 400K to RM 515K, and a typical market range of RM 400K to RM 515K.

Most transactions involved office lot, though some variety exists in the market.

For price per square foot, the median is RM 231, with most transactions between RM 211 and RM 250. The usual range is RM 2.13 to RM 458.88, showing that most units are priced quite close to each other. With an IQR of RM 456.75 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

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.