DAMAI PLAZA PH 3

Area Intelligence
2023
Median Price
RM 610,000
PSF: RM 488

Commercial PSF Trends

Median Price

RM 610,000

RM 488 PSF

DAMAI PLAZA PH 3 in Kota Kinabalu, Sabah recorded 2 subsale transactions in 2023, with a median price of RM 610K and a median price per square foot (PSF) of RM 488.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 610K, with most transactions falling within a stable range of RM 488K to RM 732K, and a typical market range of RM 488K to RM 732K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 488, though individual units vary from RM 310 to RM 665 in the core range. The broader market spans RM 131.75 to RM 843.25, indicating diverse property characteristics. A wider spread (IQR: RM 711.50) and deviation (MAD: RM 178) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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DAMAI PLAZA PH 3, Kota Kinabalu, Sabah

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Transactions

2 transactions grouped by size

1,100 sqft
Shop/Retail Lot
RM 732,000
Level 1
1,100 sqft · RM 665 PSF
1,550 sqft
Office Lot
RM 488,000
Level 2
1,574 sqft · RM 310 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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