BAZAAR TANJUNG/PRIMA TANJUNG

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 690K to RM 780K, and a typical market range of RM 480K to RM 990K.

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

The median PSF stands at RM 380, with core pricing between RM 341 and RM 419. Market pricing typically extends from RM 278.50 to RM 481.50, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.