Sabah
Sandakan
Sandakan
TAMAN TSHUNG NGEN

TAMAN TSHUNG NGEN

Area Intelligence

2023

Median Price

RM 645,000

PSF: RM 105

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Residential PSF Trends

Median Price

RM 645,000

PSF: RM 105

TAMAN TSHUNG NGEN in Sandakan, Sabah recorded 2 subsale transactions in 2023, with a median price of RM 645K and a median price per square foot (PSF) of RM 105.

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 645K, with most transactions falling within a stable range of RM 560K to RM 730K, and a typical market range of RM 560K to RM 730K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 105, with most transactions between RM 95 and RM 114. The usual range is RM 91.00 to RM 118.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 10 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TSHUNG NGEN, Sandakan, Sabah

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