Jati Shophouse
Commercial Transaction Prices
Jati Shophouse is a township/project located in Labuan, Wp Labuan. The median transacted price for Jati Shophouse is RM 975,000 with a median transacted price of RM 1,471.11 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 975,000
-51.25% YoY
Lower: RM 975,000
Upper: RM 1,764,000
Median price per sq.ft. (psf)
RM 1,471.11
-11.80% YoY
Lower: RM 1,453.94
Upper: RM 1,844.82
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Jati Shophouse Median Price Psf
Latest Transactions from Sep 23 to Aug 24
(3 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|
| August 2024 | Shop | Leasehold | Jalan Tun Mustapha | 1,199.10 sq.ft | 3,551.33 sq.ft | RM 1,764,000 | RM 1,471 |
| September 2023 | Shop | Leasehold | Off Jalan Tun Mustapha | 528.51 sq.ft | 3,551.33 sq.ft | RM 975,000 | RM 1,845 |
| September 2023 | Shop | Leasehold | Off Jalan Tun Mustapha | 670.59 sq.ft | 3,551.33 sq.ft | RM 975,000 | RM 1,454 |
August 2024
Type: Shop
Tenure: Leasehold
Road: Jalan Tun Mustapha
Land Area: 1,199.10 sq.ft
Build Area: 3,551.33 sq.ft
Transaction: RM 1,764,000
Price PSF: RM 1,471
September 2023
Type: Shop
Tenure: Leasehold
Road: Off Jalan Tun Mustapha
Land Area: 528.51 sq.ft
Build Area: 3,551.33 sq.ft
Transaction: RM 975,000
Price PSF: RM 1,845
September 2023
Type: Shop
Tenure: Leasehold
Road: Off Jalan Tun Mustapha
Land Area: 670.59 sq.ft
Build Area: 3,551.33 sq.ft
Transaction: RM 975,000
Price PSF: RM 1,454
Frequently Asked Questions
What factors affect commercial property prices in Jati Shophouse, Labuan?
Commercial property prices in Jati Shophouse, Labuan are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Jati Shophouse, Labuan?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Jati Shophouse, Labuan.
How have commercial property prices changed recently in Jati Shophouse, Labuan?
In the past 12 months, commercial property prices in Jati Shophouse, Labuan have decreased by -51.25% YoY.
What is the median price for commercial property in Jati Shophouse, Labuan?
The median price for commercial property in Jati Shophouse, Labuan is RM 975,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.