Prima Tanjung
Jalan Fettes, Kampung Belachan, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
Jalan Fettes, Kampung Belachan, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 265,000
|
RM 379
|
700 sqft
|
|
|
|
Level 3
|
RM 260,000
|
RM 366
|
710 sqft
|
|
|
Level 4
|
RM 225,000
|
RM 303
|
743 sqft
|
|
|
|
Level 3
|
RM 270,000
|
RM 364
|
743 sqft
|
|
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Market Snapshot
CommercialRM 242,500
RM 372 psfMedian transaction price
Prima Tanjung, Jalan Fettes, Kampung Belachan, 11200 Tanjung Bungah, Pulau Pinang, Malaysia
MapsPrima 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.