Housing in Kampung Bukit Kalam
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Kampung Bukit Kalam, Labuan
The housing market in Labuan is stable, with modest growth observed in 2024. Property prices experienced a 1.4% year-on-year increase, with approximately 1,800 transactions recorded. The market has normalized after a period of growth in 2022–2023. Rent for a one-bedroom apartment in the city center averages around $435 USD per month, while outside the city center, it is approximately $327 USD.
Housing
About Kampung Bukit Kalam, Labuan
Kampung Bukit Kalam is a village located within the Federal Territory of Labuan, Malaysia. Labuan itself is an island federal territory known for its strategic location in the South China Sea, serving as an international offshore financial center and a hub for oil and gas activities. While specific data for Kampung Bukit Kalam is limited, the village benefits from its proximity to Labuan's economic drivers and infrastructure. People are drawn to Labuan for its unique blend of financial opportunities, duty-free status, and natural attractions, including its role as a tourist destination and a base for scuba diving. The island's development as an international business and financial center since 1990 has shaped its character, attracting a diverse population involved in various sectors.
About Labuan
Labuan, a Malaysian federal territory comprising Labuan Island and six smaller islands, is known as an international offshore financial center and a hub for deepwater oil and gas activities. Its economy is driven by financial services, oil and gas, tourism, halal products, and fishing. The climate is tropical, consistently warm and humid year-round, with average temperatures between 27-32°C and frequent rain, particularly from September to December. Living in Labuan generally offers an affordable and peaceful lifestyle compared to larger Malaysian cities, with reasonable costs for housing, food, and transportation.
