TMN LAZENDA PALM VILLA
Residential Market
Median Price
RM 624,000
PSF Trends (2021-2025)
TMN LAZENDA PALM VILLA in Labuan, Labuan recorded 2 subsale transactions in 2024, with a median price of RM 624K and a median price per square foot (PSF) of RM 246.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 624K, with most transactions falling within a stable range of RM 620K to RM 628K, and a typical market range of RM 620K to RM 628K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 246, though individual units vary from RM 173 to RM 318 in the core range. The broader market spans RM 215.00 to RM 276.00, indicating diverse property characteristics. A wider spread (IQR: RM 61.00) and deviation (MAD: RM 73) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Terraced |
JLN BATU MANIKAR
|
RM 620,000
|
RM 318.00
|
1,948 sqft
|
Mar 2024
|
Double Storey Terraced |
JLN BATU MANIKAR
|
RM 628,000
|
RM 173.00
|
3,638 sqft
|
Feb 2024
|