Labuan is one of the three federal territories in Malaysia. It is located in East Malaysia. This federal territory comprises the main Labuan Island and six smaller islands, just off the coast of Sabah. Due to its strategic location, Labuan is a popular stopover for people traveling through Sabah and Brunei.
Victoria, Labuan’s capital, is well known as an offshore financial centre offering international financial and business services via Labuan IBFC. Labuan is also known as an offshore support hub for deep-water oil and gas activities in the region. With its proximity to Brunei and Sabah as well as its beautiful beaches and islands, tourism is another growth engine of Labuan. It is also a popular wreck diving destination.
Some of the commercial properties in Labuan include office blocks, shopping malls and shop-office lots. Common landed residential properties are terraced houses, semi-detached houses and bungalows. Apartments and condominiums, especially those with a sea view, are also highly in demand.
Labuan has a tropical climate. Residents will experience temperate weather will sunny skies for most of the year. There are two annual monsoon seasons – the South West monsoon from April to June and the North East monsoon from September to December. Daily temperatures do not fluctuate greatly with an average low of 28˚C and a high of 32˚C.
Brunei has a major influence on Labuan’s culture as its neighbour. It is said that more than half of the locals in Labuan are descendants of Brunei Malays. As such, you will find many who speak Bahasa Brunei in Labuan. Some of the traditional musical instruments include kulintangan, agong, gambus and gendang. Local cuisines with Brunei influence are pinyaram, calak, tapai and kuripit. Another major ethnic group in Labuan is the Kedayan people who speak a language very similar to Malay.
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If you're looking for a property under RM 1 million in Labuan, you should consider this location. Labuan is an island in East Malaysia, located off the coast of Sabah. With convenient connections via air and sea, Labuan is a great option for those looking for a property in a scenic and serene environment.\n\nThe island is full of activities and places to visit. From the Labuan Marine Museum, to the Chimney, to the World War II Memorial, there's plenty to explore. There's also the Labuan International Sea Sport Complex, a great spot for outdoor activities such as diving, swimming, fishing, sailing and kayaking.\n\nThe atmosphere in Labuan is relaxed and tranquil. The locals are friendly and welcoming, and the island has a peaceful and laid-back vibe. There are plenty of amenities, such as banks, supermarkets, cinemas and restaurants.\n\nCommute is easy - there are plenty of buses, taxis and ferries. It's also easy to get to nearby areas, such as Sabah or Brunei. With the newly established International University of Labuan, the island is a great place for educational and job opportunities.\n\nIn summary, Labuan is an ideal location for those looking for a property under RM 1 million. With its great connections, scenic environment and plenty of activities, Labuan is a great option for home seekers.\n\nTaman Fulliwa Labuan, KLCC 370K 370K 370K KLCC 3R and Top Invest Duplex Invest n Small Family Stay KLCC area. All three properties are for sale and they are great options for those looking for a property under RM1M in Labuan, Malaysia. \n\nTaman Fulliwa Labuan is a semi-detached property with 5 bedrooms and 3 bathrooms, and it comes fully furnished. It is conveniently located just a few minutes walk away from the New Chip Guan Econ market, Labuan Sport Complex, and Rancha Rancha Industrial Area. It also has a playground. \n\nKLCC 370K 370K 370K KLCC 3R is a 3 bedroom, 2 bathroom property with a build up of 700-1100sqft. It is a great option for those looking for a below market price property with great amenities, as it has 5 star and SKY facilities, and offers free legal and stamp duty fees. It is also conveniently located within 5km of 5 shopping malls and 4 stations away from KLCC. \n\nTop Invest Duplex Invest n Small Family Stay KLCC area is an ideal option for investors and small families as it has 2-3 bedrooms and 2 bathrooms. It is located just 5 minutes away from KLCC and 10 minutes away from TRX, and has direct access to LRT and shopping mall. It also has 58 premium facilities and a low maintenance fee.
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