MEGAH INDUSTRIAL PARK

MEGAH INDUSTRIAL PARK in Tawau, Sabah recorded 2 subsale transactions in 2024, with a median price of RM 1.13 million and a median price per square foot (PSF) of RM 361.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.13 million, with most transactions falling within a stable range of RM 820K to RM 1.43 million, and a typical market range of RM 850K to RM 1.40 million.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 361, with core pricing between RM 299 and RM 423. Market pricing typically extends from RM 276.50 to RM 445.50, reflecting moderate variation in unit pricing. The spread of RM 169.00 (IQR) and deviation of RM 62 (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.