DAMAI PLAZA PH 4 in Kota Kinabalu, Sabah recorded 10 subsale transactions in 2022, with a median price of RM 633K and a median price per square foot (PSF) of RM 518.
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 633K, with most transactions falling within a stable range of RM 523K to RM 743K, and a typical market range of RM 525K to RM 740K.
Most transactions involved office lot, though some variety exists in the market.
The median PSF stands at RM 518, with core pricing between RM 423 and RM 613. Market pricing typically extends from RM 392.50 to RM 643.50, reflecting moderate variation in unit pricing. The spread of RM 251.00 (IQR) and deviation of RM 95 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
