Area Intelligence

BAZAAR TANJUNG/PRIMA TANJUNG

21 properties
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Median Price
RM 270,000
PSF: RM 376

Commercial Market

Median Price

RM 270,000

IQR: RM 203
MAD: RM 39
RM 376 PSF 29.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BAZAAR TANJUNG/PRIMA TANJUNG in Timur Laut, Penang recorded 21 subsale transactions between 2021 and 2025, with a median price of RM 270K and a median price per square foot (PSF) of RM 376.

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 270K, with most transactions falling within a stable range of RM 225K to RM 315K, and a typical market range of RM 170K to RM 525K.

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

The median PSF stands at RM 376, with core pricing between RM 337 and RM 415. Market pricing typically extends from RM 274.50 to RM 477.50, reflecting moderate variation in unit pricing. With an IQR of RM 203.00 and MAD of RM 39, 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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BAZAAR TANJUNG/PRIMA TANJUNG, Timur Laut, Penang

OSM

Filter by type, year, price, and size

Transactions

21 properties grouped by size

200 sqft
1 units Shop/Retail Lot
RM 170,000
215 sqft · RM 790.00 PSF
Nov 2022
300 sqft
1 units Shop/Retail Lot
RM 240,000
291 sqft · RM 826.00 PSF
Oct 2024
500 sqft
1 units Shop/Retail Lot
RM 188,000
495 sqft · RM 380.00 PSF
Jan 2022
700 sqft
2 units Shop/Retail Lot
RM 265,000
700 sqft · RM 379.00 PSF
Jun 2022
RM 260,000
710 sqft · RM 366.00 PSF
May 2022
750 sqft
8 units Shop/Retail Lot
RM 250,000
743 sqft · RM 337.00 PSF
Apr 2024
RM 270,000
743 sqft · RM 364.00 PSF
Jan 2024
RM 300,000
742 sqft · RM 404.00 PSF
Oct 2023
RM 265,000
743 sqft · RM 357.00 PSF
Oct 2023
RM 225,000
743 sqft · RM 303.00 PSF
Mar 2023
RM 250,000
743 sqft · RM 337.00 PSF
Jan 2023
RM 225,000
743 sqft · RM 303.00 PSF
Nov 2022
RM 270,000
743 sqft · RM 364.00 PSF
Apr 2022
1,300 sqft
1 units Shop/Retail Lot
RM 1,400,000
1,281 sqft · RM 1,093.00 PSF
Dec 2021
1,350 sqft
1 units Shop/Retail Lot
RM 850,000
1,335 sqft · RM 637.00 PSF
Apr 2024
1,650 sqft
2 units Shop/Retail Lot
RM 900,000
1,625 sqft · RM 554.00 PSF
May 2024
RM 1,450,000
1,625 sqft · RM 892.00 PSF
May 2024
2,000 sqft
4 units
RM 765,000
Office Lot
1,991 sqft · RM 384.00 PSF
Aug 2024
RM 630,000
Office Lot
2,024 sqft · RM 311.00 PSF
May 2024
RM 760,000
Shop/Retail Lot
2,024 sqft · RM 376.00 PSF
May 2024
RM 710,000
Shop/Retail Lot
2,024 sqft · RM 351.00 PSF
May 2024