BANDAR SRI INDAH LIGHT INDUSTRIAL PARK

BANDAR SRI INDAH LIGHT INDUSTRIAL PARK in Tawau, Sabah recorded 3 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 448.

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 560K, with most transactions falling within a stable range of RM 550K to RM 704K, and a typical market range of RM 550K to RM 855K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 448, though individual units vary from RM 308 to RM 588 in the core range. The broader market spans RM 221.63 to RM 674.38, indicating diverse property characteristics. A wider spread (IQR: RM 452.75) and deviation (MAD: RM 140) indicate significant PSF variations, likely due to diverse property types or conditions.

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.