BAZAAR TANJUNG/PRIMA TANJUNG

Area Intelligence
Median Price
RM 900,000
PSF: RM 637

Commercial PSF Trends

Median Price

RM 900,000

RM 637 PSF

BAZAAR TANJUNG/PRIMA TANJUNG in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 900K and a median price per square foot (PSF) of RM 637.

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 900K, with most transactions falling within a stable range of RM 765K to RM 1.19 million, and a typical market range of RM 765K to RM 1.16 million.

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

Price per square foot shows a median of RM 637, though individual units vary from RM 386 to RM 888 in the core range. The broader market spans RM 535.50 to RM 738.50, indicating diverse property characteristics. A wider spread (IQR: RM 203.00) and deviation (MAD: RM 251) 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. Some price volatility exists, making thorough market research essential before transacting. 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

1,300 sqft
Shop/Retail Lot
RM 1,400,000
Level G
1,281 sqft · RM 1,093 PSF
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
Office Lot
RM 765,000
Level 2
1,991 sqft · RM 384 PSF

No Properties For Sale

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

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