Area Intelligence

BANDAR BARU TUMPAT

8 properties
Double Storey Shop
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Median Price
RM 559,000
PSF: RM 392

Commercial Market

Median Price

RM 559,000

IQR: RM 61
MAD: RM 29
RM 392 PSF 2.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR BARU TUMPAT in Tumpat, Kelantan recorded 8 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 559K and a median price per square foot (PSF) of RM 392.

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 559K, with most transactions falling within a stable range of RM 480K to RM 651K, and a typical market range of RM 480K to RM 715K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 392, with most transactions between RM 360 and RM 423. The usual range is RM 360.88 to RM 422.13, showing that most units are priced quite close to each other. With an IQR of RM 61.25 and MAD of RM 32, 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.

Area Location

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BANDAR BARU TUMPAT, Tumpat, Kelantan

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Transactions

8 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 500,000
JLN CBG 3 - Tumpat
1,195 sqft · RM 418.00 PSF
Mar 2022
1,400 sqft
2 units Double Storey Shop
RM 600,000
BANDAR BARU TUMPAT
1,399 sqft · RM 429.00 PSF
Mar 2025
RM 518,000
BANDAR BARU TUMPAT
1,399 sqft · RM 370.00 PSF
Sep 2023
1,400 sqft
3 units Double Storey Shop
RM 500,000
BANDAR BARU Tumpat
1,399 sqft · RM 357.00 PSF
Mar 2023
RM 480,000
BANDAR BARU Tumpat
1,399 sqft · RM 343.00 PSF
Apr 2022
RM 610,000
JLN CBG 3 - Tumpat
1,399 sqft · RM 436.00 PSF
Jan 2022
1,650 sqft
1 units Double Storey Shop
RM 650,000
BANDAR BARU TUMPAT
1,636 sqft · RM 397.00 PSF
Jul 2024
2,000 sqft
1 units Double Storey Shop
RM 768,000
BANDAR BARU TUMPAT
1,991 sqft · RM 386.00 PSF
Sep 2023