Prima Tanjung

Jalan Fettes, Kampung Belachan, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size · Shop →

Median
RM 242,500
PSF
RM 372
Price Size
200 sqft
Shop
RM 170,000
Level 1
215 sqft · RM 790 PSF
500 sqft
Shop
RM 188,000
Level 3
495 sqft · RM 380 PSF
700 sqft
Shop
RM 265,000
Level 3
700 sqft · RM 379 PSF
RM 260,000
Level 3
710 sqft · RM 366 PSF
750 sqft
Shop
RM 225,000
Level 4
743 sqft · RM 303 PSF
RM 270,000
Level 3
743 sqft · RM 364 PSF
Legend Recent Highest Price Highest PSF

Posts about Prima Tanjung

What’s happening in Prima Tanjung?

No posts about Prima Tanjung yet. Be the first to share what’s happening here.

Market Snapshot

Commercial

RM 242,500

RM 372 psf

Median transaction price

Bazaar Tanjung/Prima Tanjung
© OpenStreetMap · CARTO

Prima Tanjung, Jalan Fettes, Kampung Belachan, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

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 372.

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 204K to RM 270K, and a typical market range of RM 170K to RM 270K.

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

Price per square foot shows a median of RM 372, though individual units vary from RM 209 to RM 535 in the core range. The broader market spans RM 295.37 to RM 449.37, indicating diverse property characteristics. A wider spread (IQR: RM 154.00) and deviation (MAD: RM 163) 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.