TMN RANCHA-RANCHA BT 2½ PH.1

TMN RANCHA-RANCHA BT 2½ PH.1 in Labuan, Labuan recorded 2 subsale transactions in 2024, with a median price of RM 445K and a median price per square foot (PSF) of RM 140.

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 445K, with most transactions falling within a stable range of RM 400K to RM 490K, and a typical market range of RM 423K to RM 468K.

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

Price per square foot shows a median of RM 140, though individual units vary from RM 92 to RM 187 in the core range. The broader market spans RM 95.75 to RM 183.25, indicating diverse property characteristics. A wider spread (IQR: RM 87.50) and deviation (MAD: RM 48) 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. 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.