BAZAAR TANJUNG/PRIMA TANJUNG

BAZAAR TANJUNG/PRIMA TANJUNG in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 243K and a median price per square foot (PSF) of RM 373.

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 243K, with most transactions falling within a stable range of RM 198K to RM 288K, and a typical market range of RM -12,500 to RM 498K.

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

The median PSF stands at RM 373, with core pricing between RM 334 and RM 412. Market pricing typically extends from RM 271.00 to RM 474.00, 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. Limited transaction history suggests carefully evaluating comparable sales data.