TMN SRI RIMBA

TMN SRI RIMBA in Sandakan, Sabah recorded 11 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 238.

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 300K, with most transactions falling within a stable range of RM 194K to RM 406K, and a typical market range of RM 258K to RM 343K.

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 238, though individual units vary from RM 187 to RM 289 in the core range. The broader market spans RM 204.75 to RM 271.25, indicating diverse property characteristics. The spread of RM 66.50 (IQR) and deviation of RM 51 (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.