Commercial Market
Median Price
RM 2,330,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Shop
1 properties
Median Price
RM 300,000
Median PSF
RM 185.00
Detached
1 properties
Median Price
RM 800,000
Median PSF
RM 277.00
Shop/Retail Lot
1 properties
Median Price
RM 670,000
Median PSF
RM 673.00
| Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|---|
| Single Storey Shop | 1 | 300,000 |
RM 300,000
|
- |
RM 185.00
|
- | |
| Detached | 1 | 800,000 |
RM 800,000
|
- |
RM 277.00
|
- | |
| Shop/Retail Lot | 1 | 670,000 |
RM 670,000
|
- |
RM 673.00
|
- |
JLN MERDEKA in Labuan, Labuan recorded 1 subsale transactions in 2023, with a median price of RM 2.33 million and a median price per square foot (PSF) of RM 1,701.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date |
|---|---|---|---|---|
|
JLN BUNGA RAYA
|
RM 2,330,000
|
RM 1,701.00
|
1,370 sqft
|
Nov 2023
|