Sabah
Sandakan
Sandakan
TAMAN TSHUNG NGEN

TAMAN TSHUNG NGEN

Area Intelligence

2023

Median Price

RM 375,000

PSF: RM 129

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Residential PSF Trends

Median Price

RM 375,000

PSF: RM 129

TAMAN TSHUNG NGEN in Sandakan, Sabah recorded 2 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 129.

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 375K, with most transactions falling within a stable range of RM 300K to RM 450K, and a typical market range of RM 300K to RM 450K.

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 129, with most transactions between RM 125 and RM 132. The usual range is RM 115.00 to RM 142.00, 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 4 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TSHUNG NGEN, Sandakan, Sabah

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