BAZAAR TANJUNG/PRIMA TANJUNG

Area Intelligence
Median Price
RM 250,000
PSF: RM 364

Commercial PSF Trends

Median Price

RM 250,000

RM 364 PSF

BAZAAR TANJUNG/PRIMA TANJUNG in Timur Laut, Penang recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 250K and a median price per square foot (PSF) of RM 364.

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 216K to RM 284K, and a typical market range of RM 170K to RM 300K.

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

Price per square foot shows a median of RM 364, though individual units vary from RM 198 to RM 530 in the core range. The broader market spans RM 262.50 to RM 465.50, indicating diverse property characteristics. A wider spread (IQR: RM 203.00) and deviation (MAD: RM 166) 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

13 transactions grouped by size

200 sqft
Shop/Retail Lot
RM 170,000
Level 1
215 sqft · RM 790 PSF
300 sqft
Shop/Retail Lot
RM 240,000
Level 1
291 sqft · RM 826 PSF
500 sqft
Shop/Retail Lot
RM 188,000
Level 3
495 sqft · RM 380 PSF
700 sqft
Shop/Retail Lot
RM 265,000
Level 3
700 sqft · RM 379 PSF
RM 260,000
Level 3
710 sqft · RM 366 PSF
750 sqft
Shop/Retail Lot
RM 250,000
Level 4
743 sqft · RM 337 PSF
RM 270,000
Level 4
743 sqft · RM 364 PSF
RM 300,000
Level 4
742 sqft · RM 404 PSF
RM 265,000
Level 3
743 sqft · RM 357 PSF
RM 225,000
Level 3
743 sqft · RM 303 PSF
RM 250,000
Level 4
743 sqft · RM 337 PSF
RM 225,000
Level 4
743 sqft · RM 303 PSF
RM 270,000
Level 3
743 sqft · RM 364 PSF

No Properties For Sale

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

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