TAMAN ARENA 4

TAMAN ARENA 4 in Labuan, Labuan recorded 5 subsale transactions in 2023, with a median price of RM 759K and a median price per square foot (PSF) of RM 363.

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 759K, with most transactions falling within a stable range of RM 739K to RM 867K, and a typical market range of RM 739K to RM 892K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 363, with core pricing between RM 302 and RM 424. Market pricing typically extends from RM 293.50 to RM 432.50, reflecting moderate variation in unit pricing. The spread of RM 139.00 (IQR) and deviation of RM 61 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.