UTAMA PLACE

UTAMA PLACE in Sandakan, Sabah recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 820K and a median price per square foot (PSF) of RM 863.

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 820K, with most transactions falling within a stable range of RM 732K to RM 908K, and a typical market range of RM 758K to RM 883K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 863, with core pricing between RM 776 and RM 950. Market pricing typically extends from RM 783.25 to RM 942.75, reflecting moderate variation in unit pricing. With an IQR of RM 159.50 and MAD of RM 87, the PSF demonstrates reasonable consistency across the market.

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.