TAMAN SEMARAK in Tawau, Sabah recorded 32 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 218.
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 200K, with most transactions falling within a stable range of RM 147K to RM 253K, and a typical market range of RM 156K to RM 245K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 218, though individual units vary from RM 156 to RM 280 in the core range. The broader market spans RM 180.75 to RM 255.25, indicating diverse property characteristics. A wider spread (IQR: RM 74.50) and deviation (MAD: RM 62) 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
