PEKAN KINABUTAN

PEKAN KINABUTAN in Tawau, Sabah recorded 2 subsale transactions in 2023, with a median price of RM 448K and a median price per square foot (PSF) of RM 359.

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 448K, with most transactions falling within a stable range of RM 445K to RM 450K, and a typical market range of RM 445K to RM 450K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 359, with most transactions between RM 357 and RM 361. The usual range is RM 356.00 to RM 362.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.