Area Intelligence

PUSAT BANDAR

2 properties
2024
Median Price
RM 2,435,000
PSF: RM 1,485

Residential Market

Median Price

RM 900,000

RM 321 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,435,000

IQR: RM 707
MAD: RM 378
RM 1,485 PSF 0.4%

PSF Trends (2021-2025)

PUSAT BANDAR in Labuan, Labuan recorded 2 subsale transactions in 2024, with a median price of RM 2.44 million and a median price per square foot (PSF) of RM 1,485.

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 2.44 million, with most transactions falling within a stable range of RM 2.27 million to RM 2.60 million, and a typical market range of RM 2.27 million to RM 2.60 million.

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

The median PSF stands at RM 1,485, with core pricing between RM 1,313 and RM 1,657. Market pricing typically extends from RM 1,049.38 to RM 1,920.63, reflecting moderate variation in unit pricing. With an IQR of RM 871.25 and MAD of RM 172, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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PUSAT BANDAR, Labuan, Labuan

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Transactions

2 properties grouped by size

1,350 sqft 1 units 3-Storey Storey Shop
RM 2,270,000 PSF: RM 1,657
Road Price PSF Size Date
JLN OKK AWANG BESAR
RM 2,270,000
RM 1,657.00
1,370 sqft
May 2024
2,000 sqft 1 units 3-Storey Storey Shop
RM 2,600,000 PSF: RM 1,313
Road Price PSF Size Date
JLN OKK AWANG BESAR
RM 2,600,000
RM 1,313.00
1,980 sqft
May 2024