Prima Tanjung
Jalan Fettes, Kampung Belachan, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Jalan Fettes, Kampung Belachan, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
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Market Snapshot
CommercialRM 250,000
RM 471 psfMedian transaction price
Prima Tanjung, Jalan Fettes, Kampung Belachan, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsPrima Tanjung in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 250K and a median price per square foot (PSF) of RM 471.
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 250K, with most transactions falling within a stable range of RM 172K to RM 328K, and a typical market range of RM 160K to RM 350K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 471, though individual units vary from RM 363 to RM 579 in the core range. The broader market spans RM 394.00 to RM 548.00, indicating diverse property characteristics. The spread of RM 154.00 (IQR) and deviation of RM 108 (MAD) suggest moderate price variations reflecting different property features.
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.