Area Intelligence

BANDAR LABUK JAYA

4 properties
Double Storey Shop
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Median Price
RM 800,000
PSF: RM 672

Commercial Market

Median Price

RM 800,000

IQR: RM 35
MAD: RM 28
RM 672 PSF 2.7%

PSF Trends (2021-2025)

BANDAR LABUK JAYA in Sandakan, Sabah recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 800K and a median price per square foot (PSF) of RM 672.

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 800K, with most transactions falling within a stable range of RM 774K to RM 820K, and a typical market range of RM 790K to RM 810K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 672, though individual units vary from RM 513 to RM 831 in the core range. The broader market spans RM 654.50 to RM 689.50, indicating diverse property characteristics. The spread of RM 35.00 (IQR) and deviation of RM 159 (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.

Area Location

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BANDAR LABUK JAYA, Sandakan, Sabah

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Transactions

4 properties grouped by size

1,100 sqft
2 units Double Storey Shop
RM 750,000
OFF JALAN LABUK
1,094 sqft · RM 686.00 PSF
May 2024
RM 820,000
JLN LABUK
1,125 sqft · RM 729.00 PSF
Aug 2023
1,200 sqft
1 units Double Storey Shop
RM 800,000
JLN LINTAS LABUK
1,215 sqft · RM 658.00 PSF
May 2023
2,450 sqft
1 units Double Storey Shop
RM 800,000
JLN LINTAS LABUK
2,430 sqft · RM 329.00 PSF
May 2023