LIMBANG PLAZA

LIMBANG PLAZA in Bahagian Limbang, Sarawak recorded 3 subsale transactions in 2023, with a median price of RM 410K and a median price per square foot (PSF) of RM 1,755.

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 410K, with most transactions falling within a stable range of RM 398K to RM 420K, and a typical market range of RM 390K to RM 420K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 1,755, with most transactions between RM 1,726 and RM 1,784. The usual range is RM 1,710.75 to RM 1,799.25, showing that most units are priced quite close to each other. With an IQR of RM 88.50 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.