TMN RIMBA

TMN RIMBA in Sandakan, Sabah recorded 3 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 211.

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 320K, with most transactions falling within a stable range of RM 220K to RM 463K, and a typical market range of RM 242K to RM 398K.

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

The median PSF stands at RM 211, with core pricing between RM 189 and RM 233. Market pricing typically extends from RM 169.50 to RM 252.50, reflecting moderate variation in unit pricing. With an IQR of RM 83.00 and MAD of RM 22, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.