TAMAN MERINDING

TAMAN MERINDING in Labuan, Labuan recorded 2 subsale transactions in 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 192.

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 600K, with most transactions falling within a stable range of RM 550K to RM 650K, and a typical market range of RM 558K to RM 643K.

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

The median PSF stands at RM 192, with core pricing between RM 171 and RM 213. Market pricing typically extends from RM 162.38 to RM 221.63, reflecting moderate variation in unit pricing. With an IQR of RM 59.25 and MAD of RM 21, 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.