LIST

Penang, Timur Laut, Tanjung Tokong

BAZAAR TANJUNG/PRIMA TANJUNG

Area Intelligence
2024
Median Price
RM 735,000
PSF: RM 380
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Commercial PSF Trends

Median Price

RM 735,000

RM 380 PSF

BAZAAR TANJUNG/PRIMA TANJUNG in Timur Laut, Penang recorded 10 subsale transactions in 2024, with a median price of RM 735K and a median price per square foot (PSF) of RM 380.

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 735K, with most transactions falling within a stable range of RM 760K to RM 993K, and a typical market range of RM 760K to RM 990K.

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

Price per square foot shows a median of RM 380, though individual units vary from RM 190 to RM 570 in the core range. The broader market spans RM 278.50 to RM 481.50, indicating diverse property characteristics. A wider spread (IQR: RM 203.00) and deviation (MAD: RM 190) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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BAZAAR TANJUNG/PRIMA TANJUNG, Timur Laut, Penang

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Transactions

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,350 sqft
Shop/Retail Lot
RM 850,000
Level 1
1,335 sqft · RM 637 PSF
1,650 sqft
Shop/Retail Lot
RM 900,000
Level 1
1,625 sqft · RM 554 PSF
RM 1,450,000
Level 1
1,625 sqft · RM 892 PSF
2,000 sqft
RM 765,000
Level 2
1,991 sqft · RM 384 PSF
RM 760,000
Level 2
2,024 sqft · RM 376 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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