Commercial Market
Median Price
RM 490,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
8 properties
Median Price
RM 559,000
+6.3% CAGR
Median PSF
RM 407.50
+0.9% CAGR
Shop/Retail Lot
2 properties
Median Price
RM 86,000
+9.8% CAGR
Median PSF
RM 430.00
+9.8% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 8 |
RM 559,000
±50K MAD
|
+6.27% |
RM 407.50
±16 MAD
|
+0.87% | |
| Shop/Retail Lot | 2 |
RM 86,000
±4K MAD
|
+9.76% |
RM 430.00
±20 MAD
|
+9.76% |
BANDAR BARU TUMPAT in Tumpat, Kelantan recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 490K and a median price per square foot (PSF) of RM 414.
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 490K, with most transactions falling within a stable range of RM 425K to RM 555K, and a typical market range of RM 334K to RM 646K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 414, with most transactions between RM 385 and RM 443. The usual range is RM 383.38 to RM 444.63, showing that most units are priced quite close to each other. With an IQR of RM 61.25 and MAD of RM 29, 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.
Filter by type, year, price, and size
Transactions
10 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 90,000
|
RM 450.00
|
200 sqft
|
Jan 2023
|
||
|
RM 82,000
|
RM 410.00
|
200 sqft
|
May 2022
|
|
JLN CBG 3 - Tumpat
|
RM 500,000
|
RM 418.00
|
1,195 sqft
|
Mar 2022
|
|
BANDAR BARU TUMPAT
|
RM 600,000
|
RM 429.00
|
1,399 sqft
|
Mar 2025
|
|
|
BANDAR BARU TUMPAT
|
RM 518,000
|
RM 370.00
|
1,399 sqft
|
Sep 2023
|
|
BANDAR BARU Tumpat
|
RM 500,000
|
RM 357.00
|
1,399 sqft
|
Mar 2023
|
|
|
BANDAR BARU Tumpat
|
RM 480,000
|
RM 343.00
|
1,399 sqft
|
Apr 2022
|
|
|
JLN CBG 3 - Tumpat
|
RM 610,000
|
RM 436.00
|
1,399 sqft
|
Jan 2022
|
|
BANDAR BARU TUMPAT
|
RM 650,000
|
RM 397.00
|
1,636 sqft
|
Jul 2024
|
|
BANDAR BARU TUMPAT
|
RM 768,000
|
RM 386.00
|
1,991 sqft
|
Sep 2023
|