CYBER CITY APARTMENT PH 1 in Penampang, Sabah recorded 30 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 470.
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 191K to RM 309K, and a typical market range of RM 195K to RM 305K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 470, with most transactions between RM 434 and RM 506. The usual range is RM 450.25 to RM 489.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.50 and an average deviation (MAD) of RM 36 indicate a highly stable PSF trend across properties.
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. Moderate transaction volume may require patience when buying or selling.
