Area Intelligence

PUSAT BANDAR

3 properties
2022
Median Price
RM 900,000
PSF: RM 321

Residential Market

Median Price

RM 900,000

RM 321 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,600,000

IQR: RM 707
MAD: RM 378
RM 1,472 PSF 0.4%

PSF Trends (2021-2025)

PUSAT BANDAR in Labuan, Labuan recorded 3 subsale transactions in 2022, with a median price of RM 900K and a median price per square foot (PSF) of RM 321.

This area contains both residential and commercial properties. View 2 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 900K, with most transactions falling within a stable range of RM 900K to RM 1.23 million, and a typical market range of RM 900K to RM 1.60 million.

Most transactions involved 1 - 1 1/2 storey terr, with high diversity across multiple property types.

Price per square foot shows a median of RM 321, though individual units vary from RM 0 to RM 864 in the core range. The broader market spans RM 0.00 to RM 756.63, indicating diverse property characteristics. A wider spread (IQR: RM 871.25) and deviation (MAD: RM 543) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT BANDAR, Labuan, Labuan

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Transactions

3 properties found

Flat
RM 900,000
PSF: RM 321.00
Area: 2,802 sqft
Date: Feb 2022
Flat
RM 900,000
PSF: RM 321.00
Area: 2,802 sqft
Date: Feb 2022
3-Storey Storey Shop
JLN KEMAJUAN
RM 1,600,000
PSF: RM 1,472.00
Area: 1,087 sqft
Date: Jan 2022