Commercial Market
Median Price
RM 559,000
PSF Trends (2021-2025)
BANDAR BARU TUMPAT in Tumpat, Kelantan recorded 8 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 559K and a median price per square foot (PSF) of RM 392.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 559K, with most transactions falling within a stable range of RM 480K to RM 651K, and a typical market range of RM 480K to RM 715K.
Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 392, with most transactions between RM 360 and RM 423. The usual range is RM 360.88 to RM 422.13, showing that most units are priced quite close to each other. With an IQR of RM 61.25 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
8 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
JLN CBG 3 - Tumpat
|
RM 500,000
|
RM 418.00
|
1,195 sqft
|
Mar 2022
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
BANDAR BARU TUMPAT
|
RM 600,000
|
RM 429.00
|
1,399 sqft
|
Mar 2025
|
BANDAR BARU TUMPAT
|
RM 518,000
|
RM 370.00
|
1,399 sqft
|
Sep 2023
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
BANDAR BARU Tumpat
|
RM 500,000
|
RM 357.00
|
1,399 sqft
|
Mar 2023
|
BANDAR BARU Tumpat
|
RM 480,000
|
RM 343.00
|
1,399 sqft
|
Apr 2022
|
JLN CBG 3 - Tumpat
|
RM 610,000
|
RM 436.00
|
1,399 sqft
|
Jan 2022
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
BANDAR BARU TUMPAT
|
RM 650,000
|
RM 397.00
|
1,636 sqft
|
Jul 2024
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
BANDAR BARU TUMPAT
|
RM 768,000
|
RM 386.00
|
1,991 sqft
|
Sep 2023
|