TAMAN SEMARAK in Tawau, Sabah recorded 22 subsale transactions in 2022, with a median price of RM 182K and a median price per square foot (PSF) of RM 190.
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 182K, with most transactions falling within a stable range of RM 142K to RM 222K, and a typical market range of RM 137K to RM 226K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 190, though individual units vary from RM 149 to RM 231 in the core range. The broader market spans RM 152.25 to RM 226.75, indicating diverse property characteristics. The spread of RM 74.50 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.
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.