TAMAN MERINDING

TAMAN MERINDING in Labuan, Labuan recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 615K and a median price per square foot (PSF) of RM 232.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 615K, with most transactions falling within a stable range of RM 565K to RM 665K, and a typical market range of RM 573K to RM 658K.

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

The median PSF stands at RM 232, with core pricing between RM 192 and RM 272. Market pricing typically extends from RM 202.38 to RM 261.63, reflecting moderate variation in unit pricing. The spread of RM 59.25 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

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.