Sabah, Malaysia

Sabah is one of the only two states of East Malaysia that is located in the Borneo region side of the country. Sabah is a very popular tourist destination among tourists from around the world, as it features the highest mountain in South-East Asia and some of the best diving spots in the world. The population of Sabah is around 3.5 millions, and it has a diverse population with races that consist of Kadazan-Dusun, Bajau, Chinese, Malays, Murut, Filipinos, and Indons. Christianity is a major religion here, as it is practiced by many Sabah indigenous groups.

As for the real estate market, Sabah has one of the more vibrant housing markets compared to its counterpart Sarawak, especially in its capital city Kota Kinabalu. Furthermore, the properties here are very cheap compared to West Malaysia, however foreigners can only buy properties priced above RM1 million.

The following shows the residential property transactions in Sabah over the last few years:

The economy of Sabah depends mainly on tourism, as it has some of the best tourist spots in the world with a very pleasant tropical climate all year long. For example, Mount Kinabalu is the highest mountain in South-East Asia and is very popular among climbers and hikers, while Sipadan Island has been voted as one of the best diving spots in the world. However, there has been an increase in kidnapping cases of Chinese tourists in recent years, consequently Chinese tourist arrivals have dropped drastically.

Latest Sabah for sale listings:

DateTypeBuilt-upPrice
TodayCondominium870 sfRM202,500
TodayCondominium1,119 sfRM243,000
TodayCondominium870 sfRM405,000
TodayLow-Cost Flat605 sfRM150,000
TodayCondominium3,670 sfRM681,000
TodayCondominium750 sfRM243,000
TodayCondominium850 sfRM260,000
TodayCondominium750 sfRM145,800
TodayTerrace-NA-RM331,100
TodayCondominium1,007 sfRM160,400

Latest Sabah for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM700
TodayCondominium1,000 sfRM1,200
YesterdayCondominium2,109 sfRM2,800
YesterdayLow-Cost Flat1,100 sfRM2,000
YesterdayCondominium870 sfRM1,800
YesterdayLow-Cost Flat758 sfRM1,200
YesterdayPenthouse2,109 sfRM3,200
YesterdayLow-Cost Flat650 sfRM650
YesterdayLow-Cost Flat650 sfRM650
YesterdayCondominium1,548 sfRM1,800

0 user comments on Sabah: