BAZAAR TANJUNG/PRIMA TANJUNG
Commercial Market
Median Price
RM 270,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Shop/Retail Lot
19 properties
Median Price
RM 496,250
-19.3% CAGR
Median PSF
RM 418.75
-24.8% CAGR
Office Lot
2 properties
Median Price
RM 697,500
Median PSF
RM 347.50
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Shop/Retail Lot | 19 |
RM 496,250
±246K MAD
|
-19.33% |
RM 418.75
±59 MAD
|
-24.79% | |
Office Lot | 2 |
RM 697,500
|
- |
RM 347.50
|
- |
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.
Filter by type, year, price, and size
Transactions
21 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 170,000
|
RM 790.00
|
215 sqft
|
Nov 2022
|
RM 240,000
|
RM 826.00
|
291 sqft
|
Oct 2024
|
RM 188,000
|
RM 380.00
|
495 sqft
|
Jan 2022
|
RM 265,000
|
RM 379.00
|
700 sqft
|
Jun 2022
|
||
RM 260,000
|
RM 366.00
|
710 sqft
|
May 2022
|
RM 250,000
|
RM 337.00
|
743 sqft
|
Apr 2024
|
||
RM 270,000
|
RM 364.00
|
743 sqft
|
Jan 2024
|
||
RM 300,000
|
RM 404.00
|
742 sqft
|
Oct 2023
|
||
RM 265,000
|
RM 357.00
|
743 sqft
|
Oct 2023
|
||
RM 225,000
|
RM 303.00
|
743 sqft
|
Mar 2023
|
||
RM 250,000
|
RM 337.00
|
743 sqft
|
Jan 2023
|
||
RM 225,000
|
RM 303.00
|
743 sqft
|
Nov 2022
|
||
RM 270,000
|
RM 364.00
|
743 sqft
|
Apr 2022
|
RM 1,400,000
|
RM 1,093.00
|
1,281 sqft
|
Dec 2021
|
RM 850,000
|
RM 637.00
|
1,335 sqft
|
Apr 2024
|
RM 900,000
|
RM 554.00
|
1,625 sqft
|
May 2024
|
||
RM 1,450,000
|
RM 892.00
|
1,625 sqft
|
May 2024
|
RM 765,000
|
RM 384.00
|
1,991 sqft
|
Aug 2024
|
Office Lot | |
RM 630,000
|
RM 311.00
|
2,024 sqft
|
May 2024
|
Office Lot | |
RM 760,000
|
RM 376.00
|
2,024 sqft
|
May 2024
|
Shop/Retail Lot | |
RM 710,000
|
RM 351.00
|
2,024 sqft
|
May 2024
|
Shop/Retail Lot |