Melinsung Summer Bay Resort Apt
Papar, Sabah · High-rise (condo, apartment, flat) · Leasehold
Homes in Melinsung Summer Bay Resort Apt have sold for a median of
RM130,000
RM213 psf on the recorded floor area
Half of the 95 recorded sales fell between RM80,000 and RM160,000. One in ten went under RM63,000, one in ten over RM173,000. Sales run from 23 February 2021 to 19 March 2024.
Up 2% from a RM132,500 median in 2021 to RM135,000 in 2024.
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 Sabah, 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 | RM132,500 | RM213 psf | 8 |
| 2022 | RM120,000 | RM211 psf | 34 |
| 2023 | RM130,000 | RM213 psf | 47 |
| 2024 | RM135,000 | RM222 psf | 6 |
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 Papar with enough recorded sales, cheapest first. By median sold price, Melinsung Summer Bay Resort Apt sits 1 of 2 in that set.
Cash and monthly on the RM130,000 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%): RM13,000
- Transfer duty (MOT): RM1,600
- Loan duty (0.5%): RM585
- Total cash: RM15,185
- Qualifying first home: RM13,000 (duties exempt)
Monthly carry
- Instalment (35y @ 4.00%): RM518
- Total monthly: RM518
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Melinsung Summer Bay Resort Apt sold for?
- A median of RM130,000 (RM213 psf), from 95 land-office transactions between 23 February 2021 and 19 March 2024.
- What is a typical band here?
- Half of recorded sales fell between RM80,000 and RM160,000. One in ten went under RM63,000; one in ten over RM173,000.
- Has the median moved?
- From RM132,500 in 2021 to RM135,000 in 2024 (+2%), 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.