BEVERLY HILLS 5 in Penampang, Sabah recorded 17 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 422.
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 250K, with most transactions falling within a stable range of RM 190K to RM 310K, and a typical market range of RM 193K to RM 308K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 422, with most transactions between RM 391 and RM 453. The usual range is RM 392.50 to RM 451.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.
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.