Area Intelligence

BAZAAR TANJUNG/PRIMA TANJUNG

21 properties
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Median Price
RM 270,000
PSF: RM 376

Commercial Market

Median Price

RM 270,000

IQR: RM 203
MAD: RM 39
RM 376 PSF 29.7%

PSF Trends (2021-2025)

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.

Area Location

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BAZAAR TANJUNG/PRIMA TANJUNG, Timur Laut, Penang

OSM

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Transactions

21 properties found

Shop/Retail Lot
RM 240,000
291 sqft Oct 2024
RM 826.00 PSF
Office Lot
RM 765,000
1,991 sqft Aug 2024
RM 384.00 PSF
Office Lot
RM 630,000
2,024 sqft May 2024
RM 311.00 PSF
Shop/Retail Lot
RM 710,000
2,024 sqft May 2024
RM 351.00 PSF
Shop/Retail Lot
RM 760,000
2,024 sqft May 2024
RM 376.00 PSF
Shop/Retail Lot
RM 1,450,000
1,625 sqft May 2024
RM 892.00 PSF
Shop/Retail Lot
RM 900,000
1,625 sqft May 2024
RM 554.00 PSF
Shop/Retail Lot
RM 850,000
1,335 sqft Apr 2024
RM 637.00 PSF
Shop/Retail Lot
RM 250,000
743 sqft Apr 2024
RM 337.00 PSF
Shop/Retail Lot
RM 270,000
743 sqft Jan 2024
RM 364.00 PSF
Shop/Retail Lot
RM 300,000
742 sqft Oct 2023
RM 404.00 PSF
Shop/Retail Lot
RM 265,000
743 sqft Oct 2023
RM 357.00 PSF
Shop/Retail Lot
RM 225,000
743 sqft Mar 2023
RM 303.00 PSF
Shop/Retail Lot
RM 250,000
743 sqft Jan 2023
RM 337.00 PSF
Shop/Retail Lot
RM 225,000
743 sqft Nov 2022
RM 303.00 PSF
Shop/Retail Lot
RM 170,000
215 sqft Nov 2022
RM 790.00 PSF
Shop/Retail Lot
RM 265,000
700 sqft Jun 2022
RM 379.00 PSF
Shop/Retail Lot
RM 260,000
710 sqft May 2022
RM 366.00 PSF
Shop/Retail Lot
RM 270,000
743 sqft Apr 2022
RM 364.00 PSF
Shop/Retail Lot
RM 188,000
495 sqft Jan 2022
RM 380.00 PSF
Shop/Retail Lot
RM 1,400,000
1,281 sqft Dec 2021
RM 1,093.00 PSF