Area Intelligence

BANDAR BARU Tumpat

4 properties
2023
Login to Favorite WhatsApp
Median Price
RM 509,000
PSF: RM 378

Commercial Market

Median Price

RM 509,000

IQR: RM 61
MAD: RM 29
RM 378 PSF 5.0%

PSF Trends (2021-2025)

BANDAR BARU TUMPAT in Tumpat, Kelantan recorded 4 subsale transactions in 2023, with a median price of RM 509K and a median price per square foot (PSF) of RM 378.

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 509K, with most transactions falling within a stable range of RM 266K to RM 752K, and a typical market range of RM 353K to RM 665K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 378, with most transactions between RM 342 and RM 414. The usual range is RM 347.38 to RM 408.63, showing that most units are priced quite close to each other. With an IQR of RM 61.25 and MAD of RM 36, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

Loading map...

BANDAR BARU Tumpat, Tumpat, Kelantan

OSM

Filter by type, year, price, and size

1 filter active
Clear All Filters

Transactions

4 properties grouped by size

200 sqft 1 units Shop/Retail Lot
RM 90,000 PSF: RM 450
Price PSF Size Date
RM 90,000
RM 450.00
200 sqft
Jan 2023
1,400 sqft 1 units Double Storey Shop
RM 518,000 PSF: RM 370
Road Price PSF Size Date
BANDAR BARU TUMPAT
RM 518,000
RM 370.00
1,399 sqft
Sep 2023
1,400 sqft 1 units Double Storey Shop
RM 500,000 PSF: RM 357
Road Price PSF Size Date
BANDAR BARU Tumpat
RM 500,000
RM 357.00
1,399 sqft
Mar 2023
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