Ganggarak Permai Apartment
Labuan, Labuan · High-rise (condo, apartment, flat) · Leasehold
Homes in Ganggarak Permai Apartment have sold for a median of
RM258,500
RM309 psf on the recorded floor area
Half of the 38 recorded sales fell between RM244,750 and RM269,750. One in ten went under RM228,500, one in ten over RM275,900. Sales run from 28 April 2021 to 22 October 2025.
Up 4% from a RM250,000 median in 2022 to RM260,000 in 2023.
These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Labuan, beside what ads ask.
How to read this page
The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.
What kind of home, and what title
The land office groups these sales as high-rise (condo, apartment, flat) under a Leasehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.
Year by year
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2021 | RM245,000 | RM297 psf | 2 |
| 2022 | RM250,000 | RM301 psf | 15 |
| 2023 | RM260,000 | RM317 psf | 15 |
| 2024 | RM270,000 | RM323 psf | 3 |
| 2025 | RM215,000 | RM253 psf | 3 |
A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.
Nearby, and where this one sits
Other high-rise (condo, apartment, flat) schemes in Labuan with enough recorded sales, cheapest first. By median sold price, Ganggarak Permai Apartment sits 2 of 2 in that set.
Against Labuan
Across Labuan, the median recorded sale for high-rise (condo, apartment, flat) is RM215,000 (RM253 psf), from 23 sales. Ganggarak Permai Apartment’s own median is RM258,500 — higher than that state median. Full Labuan table.
Cash and monthly on the RM258,500 median
Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.
Cash at offer
- Down payment (10%): RM25,850
- Transfer duty (MOT): RM4,170
- Loan duty (0.5%): RM1,163
- Total cash: RM31,183
- Qualifying first home: RM25,850 (duties exempt)
Monthly carry
- Instalment (35y @ 4.00%): RM1,030
- Total monthly: RM1,030
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Ganggarak Permai Apartment sold for?
- A median of RM258,500 (RM309 psf), from 38 land-office transactions between 28 April 2021 and 22 October 2025.
- What is a typical band here?
- Half of recorded sales fell between RM244,750 and RM269,750. One in ten went under RM228,500; one in ten over RM275,900.
- Has the median moved?
- From RM250,000 in 2022 to RM260,000 in 2023 (+4%), using only years with five or more sales.
Read next
From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.