Area Intelligence

TMN MERINDING

1 properties
2024
Median Price
RM 680,000
PSF: RM 294

Residential Market

Median Price

RM 680,000

IQR: RM 59
MAD: RM 40
RM 294 PSF 8.2%

PSF Trends (2021-2025)

TMN MERINDING in Labuan, Labuan recorded 1 subsale transactions in 2024, with a median price of RM 680K and a median price per square foot (PSF) of RM 294.

This area consists exclusively of residential properties, with no commercial listings recorded.

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

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 294, with most transactions between RM 294 and RM 294. The usual range is RM 264.38 to RM 323.63, showing that most units are priced quite close to each other. With an IQR of RM 59.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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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TMN MERINDING, Labuan, Labuan

OSM

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Transactions

1 properties grouped by size

2,300 sqft 1 units Double Storey Terraced
RM 680,000 PSF: RM 294
Road Price PSF Size Date
JLN OKK DAUD
RM 680,000
RM 294.00
2,314 sqft
Jun 2024