TAMAN SHANGRILLA

TAMAN SHANGRILLA in Tawau, Sabah recorded 2 subsale transactions in 2023, with a median price of RM 470K and a median price per square foot (PSF) of RM 171.

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 470K, with most transactions falling within a stable range of RM 460K to RM 480K, and a typical market range of RM 460K to RM 480K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 171, with core pricing between RM 143 and RM 199. Market pricing typically extends from RM 138.50 to RM 203.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 28 (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. Limited transaction history suggests carefully evaluating comparable sales data.