Rental rates of retail space in Kota Kinabalu and other Sabah shopping trivia
August 24th, 2011Kompleks Karamunsing (2010):
- ground flr: min: RM4.11 psf, max: RM5.87 psf
- 3rd flr: min: RM2.10 psf, max: RM2.75 psf
Wisma Merdeka (2010):
- ground flr: min: RM10 psf, max: RM25.13 psf
- 2nd flr: min: RM3.01 psf, max: RM4.50 psf
Plaza Wawasan (2010):
- ground flr: min: RM8.60 psd, max: RM12 psf
- 1st flr: min: RM3.73psf, max: RM5.71psf
Centre Point (2010):
- ground flr: min: RM8 psf, max: RM23 psf
- 1st flr: min: RM5 psf, max: RM7 psf
1Borneo (2010):
- ground flr: min: RM7.32 psf, max: RM10 psf
- 1st flr: min: RM7.32 psf, max: RM8 psf
As of first quarter of 2011, retail space:
- Kota Kinabalu: 4.5 million sq ft, population: 453K, 14.5% of the total population of Sabah
- Tawau: >300K sq ft, population: 398.5K
- Penampang: 261K sq ft, population: 122K
- Sandakan: 242K sq ft, population: 397.5K
- Sabah total: 5.6 million sq ft (38 shopping complexes), population 3.12 million i.e. 11% of Malaysia
- Malaysia total: 116 million sq ft; i.e. 20 times more than Sabah
Between 2000-2010, Penampang’s population grew by 3.9%, the highest rate in Sabah. In contrast, Kota Kinabalu’s rate is only 2.42%, Tawau 2.67%, Sandakan 1.3%. Sabah average: 2.34%.
Between 1991-2000, Penampang’s population grew by 5.78%, Kota Kinabalu 5.89%, Tawau 2.45%, Sandakan 4.98%. Sabah average was even higher: 3.92%
Malaysia’s population in 2010: 27.57 million, 25.5% live in Klang Valley.
Source:
Daily Express, 22nd August 2011
Popularity: 1% [?]











