TAMAN GOODWILL

TAMAN GOODWILL in Labuan, Labuan recorded 2 subsale transactions in 2023, with a median price of RM 398K and a median price per square foot (PSF) of RM 173.

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 398K, with most transactions falling within a stable range of RM 335K to RM 460K, and a typical market range of RM 335K to RM 460K.

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

The median PSF stands at RM 173, with core pricing between RM 146 and RM 200. Market pricing typically extends from RM 156.50 to RM 189.50, reflecting moderate variation in unit pricing. The spread of RM 33.00 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.

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.