TMN TSHUNG NGEN

TMN TSHUNG NGEN in Sandakan, Sabah recorded 3 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 131.

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 450K, with most transactions falling within a stable range of RM 320K to RM 768K, and a typical market range of RM 320K to RM 606K.

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

For price per square foot, the median is RM 131, with most transactions between RM 126 and RM 136. The usual range is RM 122.25 to RM 139.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.50 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

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.