TAMAN RIMBA PH1 in Kota Kinabalu, Sabah recorded 6 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 316.
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 600K, with most transactions falling within a stable range of RM 550K to RM 650K, and a typical market range of RM 553K to RM 648K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 316, with core pricing between RM 264 and RM 369. Market pricing typically extends from RM 263.63 to RM 368.38, reflecting moderate variation in unit pricing. The spread of RM 104.75 (IQR) and deviation of RM 53 (MAD) suggest moderate price variations reflecting different property features.
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.