Residential Market
Median Price
RM 180,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost House
16 properties
Median Price
RM 235,000
+3.7% CAGR
Median PSF
RM 166.25
+8.7% CAGR
Detached
7 properties
Median Price
RM 180,000
-14.1% CAGR
Median PSF
RM 51.50
-14.2% CAGR
Single Storey Terraced
4 properties
Median Price
RM 275,000
+143.8% CAGR
Median PSF
RM 139.00
+43.9% CAGR
Double Storey Terraced
4 properties
Median Price
RM 454,000
+5.0% CAGR
Median PSF
RM 295.00
+4.9% CAGR
Low-Cost Flat
3 properties
Median Price
RM 98,750
+46.9% CAGR
Median PSF
RM 150.50
+46.7% CAGR
Single Storey Shop
1 properties
Median Price
RM 320,000
Median PSF
RM 229.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Low-Cost House | 16 |
RM 235,000
±18K MAD
|
+3.73% |
RM 166.25
±23 MAD
|
+8.65% | |
| Detached | 7 |
RM 180,000
±20K MAD
|
-14.12% |
RM 51.50
±6 MAD
|
-14.16% | |
| Single Storey Terraced | 4 |
RM 275,000
±115K MAD
|
+143.75% |
RM 139.00
±25 MAD
|
+43.86% | |
| Double Storey Terraced | 4 |
RM 454,000
±11K MAD
|
+4.97% |
RM 295.00
±7 MAD
|
+4.86% | |
| Low-Cost Flat | 3 |
RM 98,750
±19K MAD
|
+46.88% |
RM 150.50
±29 MAD
|
+46.72% | |
| Single Storey Shop | 1 |
RM 320,000
|
- |
RM 229.00
|
- |
TMN MERPATI in Sandakan, Sabah recorded 2 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 52.
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 180K, with most transactions falling within a stable range of RM 140K to RM 220K, and a typical market range of RM 145K to RM 215K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 52, though individual units vary from RM 40 to RM 63 in the core range. The broader market spans RM 41.50 to RM 61.50, indicating diverse property characteristics. The spread of RM 20.00 (IQR) and deviation of RM 12 (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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
OFF JALAN LABUK
|
RM 220,000
|
RM 63.00
|
3,500 sqft
|
Nov 2023
|
|
|
BT 7, JLN LABUK
|
RM 140,000
|
RM 40.00
|
3,500 sqft
|
Jun 2023
|