Prima Tanjung

Jalan Fettes, Kampung Belachan, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Property Transactions

10 subsales grouped by size

Median
RM735,000
PSF
RM380

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
300 sqft
Shop
RM240,000
Level 1
291 sqft · RM826 PSF
750 sqft
Shop
RM250,000
Level 4
743 sqft · RM337 PSF
RM270,000
Level 4
743 sqft · RM364 PSF
1,350 sqft
Shop
RM850,000
Level 1
1,335 sqft · RM637 PSF
1,650 sqft
Shop
RM900,000
Level 1
1,625 sqft · RM554 PSF
RM1,450,000
Level 1
1,625 sqft · RM892 PSF
RM765,000
Level 2
1,991 sqft · RM384 PSF
RM630,000
Level 4
2,024 sqft · RM311 PSF
RM760,000
Level 2
2,024 sqft · RM376 PSF
RM710,000
Level 3
2,024 sqft · RM351 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM735,000

RM380 psf

Median transaction price

Bazaar Tanjung/Prima Tanjung
© OpenStreetMap · CARTO

Prima Tanjung, Jalan Fettes, Kampung Belachan, 11200 Tanjung Bungah, Pulau Pinang, Malaysia

Maps

Prima Tanjung in Timur Laut, Penang recorded 10 subsale transactions in 2024, with a median price of RM735K and a median price per square foot (PSF) of RM380.

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 RM735K, with most transactions falling within a stable range of RM384K to RM1.09 million, and a typical market range of RM498K to RM973K.

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

Price per square foot shows a median of RM380, though individual units vary from RM177 to RM583 in the core range. The broader market spans RM302.87 to RM456.87, indicating diverse property characteristics. A wider spread (IQR: RM154.00) and deviation (MAD: RM203) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Limited transaction history suggests carefully evaluating comparable sales data.