Area Intelligence

TAMAN MERPATI

2 properties
Double Storey Shop
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Median Price
RM 320,000
PSF: RM 445

Commercial Market

Median Price

RM 320,000

IQR: RM 88
MAD: RM 88
RM 445 PSF

PSF Trends (2021-2025)

TAMAN MERPATI in Sandakan, Sabah recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 320K and a median price per square foot (PSF) of RM 445.

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 320K, with most transactions falling within a stable range of RM 160K to RM 480K, and a typical market range of RM 240K to RM 400K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

The median PSF stands at RM 445, with core pricing between RM 357 and RM 533. Market pricing typically extends from RM 401.00 to RM 489.00, reflecting moderate variation in unit pricing. The spread of RM 88.00 (IQR) and deviation of RM 88 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN MERPATI, Sandakan, Sabah

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Transactions

2 properties grouped by size

450 sqft
1 units Double Storey Shop
RM 160,000
OFF JLN
448 sqft · RM 357.00 PSF
May 2024
900 sqft
1 units Double Storey Shop
RM 480,000
OFF JALAN LABUK
900 sqft · RM 533.00 PSF
Oct 2024