BAZAAR TANJUNG/PRIMA TANJUNG
Commercial Market
Median Price
RM 1,400,000
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 1 subsale transactions in 2021, with a median price of RM 1.40 million and a median price per square foot (PSF) of RM 1,093.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 1,093, with most transactions between RM 1,093 and RM 1,093. The usual range is RM 991.50 to RM 1,194.50, showing that most units are priced quite close to each other. With an IQR of RM 203.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 1,400,000
|
RM 1,093.00
|
1,281 sqft
|
Dec 2021
|