TAMAN SEMARAK in Tawau, Sabah recorded 20 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 244.
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 158K to RM 242K, and a typical market range of RM 156K to RM 245K.
Most transactions involved low-cost house, with moderate diversity in property types available.
The median PSF stands at RM 244, with core pricing between RM 202 and RM 286. Market pricing typically extends from RM 206.75 to RM 281.25, reflecting moderate variation in unit pricing. The spread of RM 74.50 (IQR) and deviation of RM 42 (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.
