Sabah, Malaysia
Sabah is one of the only two states of East Malaysia that 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 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 increasing in kidnapping cases of Chinese tourists in recent years, consequently Chinese tourist arrivals have dropped drastically.
Latest Sabah for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 16-Feb-19 | Condominium | 1,000 sf | RM510,000 |
| 15-Feb-19 | Low-Cost Flat | 1,063 sf | RM320,000 |
| 15-Feb-19 | Low-Cost Flat | 1,100 sf | RM430,000 |
| 15-Feb-19 | Condominium | 2,446 sf | RM2,446,000 |
| 15-Feb-19 | Low-Cost Flat | 634 sf | RM155,000 |
| 15-Feb-19 | Condominium | 2,000 sf | RM1,100,000 |
| 15-Feb-19 | Low-Cost Flat | 330 sf | RM170,000 |
| 15-Feb-19 | Low-Cost Flat | 630 sf | RM280,000 |
| 15-Feb-19 | Condominium | 1,760 sf | RM1,800,000 |
| 15-Feb-19 | Condominium | 1,770 sf | RM1,050,000 |
Latest Sabah for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Room In House | -NA- | RM350 |
| Today | Room In House | -NA- | RM350 |
| 17-Feb-19 | Low-Cost Flat | 750 sf | RM1,250 |
| 17-Feb-19 | Condominium | 900 sf | RM1,700 |
| 17-Feb-19 | Low-Cost Flat | 750 sf | RM1,000 |
| 17-Feb-19 | Low-Cost Flat | 750 sf | RM750 |
| 17-Feb-19 | Condominium | 870 sf | RM1,200 |
| 17-Feb-19 | Low-Cost Flat | 850 sf | RM850 |
| 17-Feb-19 | Low-Cost Flat | 639 sf | RM1,400 |
| 17-Feb-19 | Condominium | 1,216 sf | RM3,500 |