Area Intelligence

COURT LIGHT INDUSTRIAL PARK

2 properties
2022
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Median Price
RM 1,250,000
PSF: RM 238

Commercial Market

Median Price

RM 1,250,000

RM 238 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

COURT LIGHT INDUSTRIAL PARK in Labuan, Labuan recorded 2 subsale transactions in 2022, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 238.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 238, with most transactions between RM 237 and RM 239. The usual range is RM 235.25 to RM 240.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.50 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.

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.

Area Location

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COURT LIGHT INDUSTRIAL PARK, Labuan, Labuan

OSM

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Transactions

2 properties found

Detached Factory
JLN POHON BATU
RM 1,250,000
PSF: RM 239.00
Area: 5,231 sqft
Date: Nov 2022
Detached Factory
JLN POHON BATU
RM 1,250,000
PSF: RM 237.00
Area: 5,274 sqft
Date: Nov 2022