Prima Tanjung

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

Property Transactions

4 subsales grouped by size · Shop →

Median
RM 257,500
PSF
RM 347
Price Size
750 sqft
Shop
RM 300,000
Level 4
742 sqft · RM 404 PSF
RM 265,000
Level 3
743 sqft · RM 357 PSF
RM 225,000
Level 3
743 sqft · RM 303 PSF
RM 250,000
Level 4
743 sqft · RM 337 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 257,500

RM 347 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 4 subsale transactions in 2023, with a median price of RM 258K and a median price per square foot (PSF) of RM 347.

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 258K, with most transactions falling within a stable range of RM 230K to RM 285K, and a typical market range of RM 225K to RM 300K.

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

The median PSF stands at RM 347, with core pricing between RM 310 and RM 383. Market pricing typically extends from RM 269.70 to RM 423.70, reflecting moderate variation in unit pricing. With an IQR of RM 154.00 and MAD of RM 37, 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.