PUSAT BANDAR

Area Intelligence
2 subsale transactions
2024
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Median Price
RM 2,435,000
PSF: RM 1,485

Residential PSF Trends

Median Price

RM 900,000

PSF: RM 321

Commercial PSF Trends

Median Price

RM 2,435,000

RM 1,485 PSF

PUSAT BANDAR in Labuan, Labuan recorded 2 subsale transactions in 2024, with a median price of RM 2.44 million and a median price per square foot (PSF) of RM 1,485.

This area contains both residential and commercial properties. View 2 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.44 million, with most transactions falling within a stable range of RM 2.27 million to RM 2.60 million, and a typical market range of RM 2.27 million to RM 2.60 million.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 1,485, with core pricing between RM 1,313 and RM 1,657. Market pricing typically extends from RM 1,049.38 to RM 1,920.63, reflecting moderate variation in unit pricing. With an IQR of RM 871.25 and MAD of RM 172, the PSF demonstrates reasonable consistency across the market.

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.

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PUSAT BANDAR, Labuan, Labuan

OSM

Transactions

2 transactions grouped by size

1,350 sqft
3-Storey Shop
RM 2,270,000
JALAN OKK AWANG BESAR
1,370 sqft · RM 1,657.00 PSF
May 2024
2,000 sqft
3-Storey Shop
RM 2,600,000
JALAN OKK AWANG BESAR
1,980 sqft · RM 1,313.00 PSF
May 2024