TMN SRI RIMBA

TMN SRI RIMBA in Sandakan, Sabah recorded 8 subsale transactions in 2022, with a median price of RM 305K and a median price per square foot (PSF) of RM 279.

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 305K, with most transactions falling within a stable range of RM 200K to RM 370K, and a typical market range of RM 263K to RM 348K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 279, though individual units vary from RM 221 to RM 336 in the core range. The broader market spans RM 245.25 to RM 311.75, indicating diverse property characteristics. The spread of RM 66.50 (IQR) and deviation of RM 57 (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.