TAMAN LUYANG PH 2

TAMAN LUYANG PH 2 in Kota Kinabalu, Sabah recorded 2 subsale transactions in 2023, with a median price of RM 740K and a median price per square foot (PSF) of RM 254.

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 740K, with most transactions falling within a stable range of RM 530K to RM 950K, and a typical market range of RM 677K to RM 803K.

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

For price per square foot, the median is RM 254, with most transactions between RM 239 and RM 269. The usual range is RM 235.38 to RM 272.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.25 and an average deviation (MAD) of RM 15 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.