Instagram LogoMarket Update - Sabah Version Data based on 1H 2020 Observations: 1. We saw a increased of market supply in the residential segment, especially in the high rise type. This will offer more options to purchaser. 2. There's a drastic drop in terms of transaction volume (38.4%) and transaction value (39.9%) compared to 1H 2019. This is probably due to the impact of COVID-19 which started in early 2020. 3. Out of the total properties sold in H1 2020, 54% are landed properties type which include terrace house, semi detached house and detached house. This shows the demand of landed properties are still very strong, 4. However, in single unit transacted types, apartment \ condominium still recorded the highest transaction at 24% of the total properties transaction in H1 2020. 5. As for price range, properties with price range between RM100K and RM300K are the most transacted type at 75.1%. These are mostly walk up apartments such as Beverly Hills Apartment, Cyber City Apartments, Country Heights Apartment, Angkasa Apartment and other properties within the price range. 6. Based on the data shared, the most demanded areas are Kepayan, Putatan, Penampang and Menggatal. These are matured areas with most basic amenities available to the people. 7. What most exciting is the upcoming Residential Tenancy Act. With the Act, it will definitely offer more protection to both landlords and tenants. To see more updates like this, do "LIKE" and "FOLLOW" this page. You can also send PM to me if you have any questions you would like me to answer. I will try my best to assists. source: Rahim & Co Resource / JPPH