LAZENDA SHOPHOUSE

Area Intelligence
2 subsale transactions
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Median Price
RM 2,100,000
PSF: RM 1,735

Commercial PSF Trends

Median Price

RM 2,100,000

RM 1,735 PSF

LAZENDA SHOPHOUSE in Labuan, Labuan recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 2.10 million and a median price per square foot (PSF) of RM 1,735.

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 2.10 million, with most transactions falling within a stable range of RM 1.90 million to RM 2.30 million, and a typical market range of RM 2.00 million to RM 2.20 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 1,735, with most transactions between RM 1,562 and RM 1,908. The usual range is RM 1,648.50 to RM 1,821.50, showing that most units are priced quite close to each other. With an IQR of RM 173.00 and MAD of RM 173, the PSF demonstrates reasonable consistency across the market.

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.

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LAZENDA SHOPHOUSE, Labuan, Labuan

OSM

Transactions

2 transactions grouped by size

1,200 sqft
3-Storey Shop
RM 2,300,000
JALAN TUN MUSTAPHA
1,206 sqft · RM 1,908.00 PSF
Apr 2025
RM 1,900,000
JALAN OKK ABDULLAH
1,216 sqft · RM 1,562.00 PSF
Oct 2022