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 for sale listings:

Date Type Builtup Price
Yesterday Condominium 900 sf RM450,000
Yesterday Low-Cost Flat 482 sf RM225,000
22-May-18 Apartment 900 sf RM334,000
22-May-18 Condominium 900 sf RM430,000
22-May-18 Low-Cost Flat 550 sf RM230,000
21-May-18 Terrace -NA- RM750,000
18-May-18 Condominium 1,088 sf RM650,000
18-May-18 Condominium 1,466 sf RM1,058,800
18-May-18 Condominium -NA- RM940,000
18-May-18 Shop-Office 4,440 sf RM749,250

Latest for rent listings:

Date Type Builtup Rental
Today Condominium 965 sf RM2,500
Today Low-Cost Flat 900 sf RM1,800
Today Condominium 965 sf RM3,800
Today Condominium 1,308 sf RM2,200
Yesterday Condominium 1,700 sf RM4,500
Yesterday Condominium 2,044 sf RM3,000
Yesterday Condominium 2,540 sf RM5,500
Yesterday Condominium 965 sf RM4,000
Yesterday Condominium 1,216 sf RM3,500
Yesterday Low-Cost Flat 850 sf RM1,850