Area Intelligence

BANDAR BARU TUMPAT

8 properties
Double Storey Shop
Median Price
RM 559,000
PSF: RM 392

Commercial Market

Median Price

RM 559,000

IQR: RM 61
MAD: RM 29
RM 392 PSF 5.0%

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.

Area Location

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BANDAR BARU TUMPAT, Tumpat, Kelantan

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Transactions

8 properties grouped by size

1,200 sqft 1 units Double Storey Shop
RM 500,000 PSF: RM 418
Road Price PSF Size Date
JLN CBG 3 - Tumpat
RM 500,000
RM 418.00
1,195 sqft
Mar 2022
1,400 sqft 2 units Double Storey Shop
RM 518,000 - 600,000 PSF: RM 400
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
1,400 sqft 3 units Double Storey Shop
RM 480,000 - 610,000 PSF: RM 379
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
1,650 sqft 1 units Double Storey Shop
RM 650,000 PSF: RM 397
Road Price PSF Size Date
BANDAR BARU TUMPAT
RM 650,000
RM 397.00
1,636 sqft
Jul 2024
2,000 sqft 1 units Double Storey Shop
RM 768,000 PSF: RM 386
Road Price PSF Size Date
BANDAR BARU TUMPAT
RM 768,000
RM 386.00
1,991 sqft
Sep 2023