TAMAN MUTIARA (MUTIARA NIAGA)

TAMAN MUTIARA (MUTIARA NIAGA) in Labuan, Labuan recorded 2 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 369.

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 650K, with most transactions falling within a stable range of RM 600K to RM 700K, and a typical market range of RM 625K to RM 675K.

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

For price per square foot, the median is RM 369, with most transactions between RM 340 and RM 397. The usual range is RM 354.25 to RM 382.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.50 and an average deviation (MAD) of RM 29 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.