CYBER CITY APARTMENT PH 1 in Penampang, Sabah recorded 28 subsale transactions in 2022, with a median price of RM 215K and a median price per square foot (PSF) of RM 469.
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 215K, with most transactions falling within a stable range of RM 175K to RM 273K, and a typical market range of RM 175K to RM 270K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 469, with most transactions between RM 433 and RM 504. The usual range is RM 448.75 to RM 488.25, 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 35 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.