BAZAAR TANJUNG/PRIMA TANJUNG Property Investment Analysis

BAZAAR TANJUNG/PRIMA TANJUNG in Timur Laut, Penang recorded 21 subsale transactions between 2021 and 2025, with a median price of RM 270K and a median price per square foot (PSF) of RM 376.

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 270K, with most transactions falling within a stable range of RM 225K to RM 315K, and a typical market range of RM 170K to RM 525K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 376, with core pricing between RM 337 and RM 415. Market pricing typically extends from RM 274.50 to RM 477.50, reflecting moderate variation in unit pricing. With an IQR of RM 203.00 and MAD of RM 39, 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. Moderate transaction volume may require patience when buying or selling.