Area Intelligence

TMN LAZENDA PALM VILLA

2 properties
2024
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Median Price
RM 624,000
PSF: RM 246

Residential Market

Median Price

RM 624,000

IQR: RM 61
MAD: RM 42
RM 246 PSF 1.6%

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.

Area Location

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TMN LAZENDA PALM VILLA, Labuan, Labuan

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Transactions

2 properties grouped by size

1,950 sqft 1 units Double Storey Terraced
RM 620,000 PSF: RM 318
Road Price PSF Size Date
JLN BATU MANIKAR
RM 620,000
RM 318.00
1,948 sqft
Mar 2024
3,650 sqft 1 units Double Storey Terraced
RM 628,000 PSF: RM 173
Road Price PSF Size Date
JLN BATU MANIKAR
RM 628,000
RM 173.00
3,638 sqft
Feb 2024