Area Intelligence

BAYAN BARU

17 properties
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Median Price
RM 510,000
PSF: RM 334

Residential Market

Median Price

RM 510,000

IQR: RM 101
MAD: RM 53
RM 334 PSF 3.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 455,000

IQR: RM 67
MAD: RM 29
RM 444 PSF 5.4%

PSF Trends (2021-2025)

BAYAN BARU in Barat Daya, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 510K and a median price per square foot (PSF) of RM 334.

This area contains both residential and commercial properties. View 247 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 510K, with most transactions falling within a stable range of RM 450K to RM 577K, and a typical market range of RM 450K to RM 682K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

The median PSF stands at RM 334, with core pricing between RM 291 and RM 377. Market pricing typically extends from RM 283.75 to RM 384.25, reflecting moderate variation in unit pricing. With an IQR of RM 100.50 and MAD of RM 43, 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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BAYAN BARU, Barat Daya, Penang

OSM

Transactions

17 properties found

Single Storey Terraced TINGKAT NIBONG 2
RM 615,000
1,528 sqft Aug 2024
RM 402.00 PSF
Single Storey Terraced LORONG MAHSURI 9
RM 500,000
1,572 sqft Aug 2024
RM 318.00 PSF
Double Storey Terraced PERSIARAN MAYANG PASIR 3
RM 500,000
1,592 sqft Apr 2024
RM 314.00 PSF
Single Storey Terraced MEDAN MAYANG PASIR
RM 490,000
1,561 sqft Apr 2024
RM 314.00 PSF
Single Storey Terraced MEDAN MAYANG PASIR
RM 515,000
1,528 sqft Feb 2024
RM 337.00 PSF
Single Storey Terraced HALA NIBONG
RM 450,000
1,528 sqft Aug 2023
RM 294.00 PSF
Single Storey Terraced TINGKAT NIBONG 2
RM 500,000
1,550 sqft Aug 2023
RM 323.00 PSF
Single Storey Terraced LORONG MAHSURI 8
RM 520,000
1,528 sqft Jul 2023
RM 340.00 PSF
Single Storey Terraced LORONG MAYANG PASIR SATU
RM 550,000
1,539 sqft Jul 2023
RM 357.00 PSF
Single Storey Terraced LORONG MAYANG PASIR 1
RM 470,000
1,572 sqft May 2023
RM 299.00 PSF
Single Storey Terraced JALAN SULTAN AZLAN SHAH
RM 480,000
1,561 sqft Mar 2023
RM 308.00 PSF
Single Storey Terraced LEBUH MAYANG PASIR
RM 468,000
1,528 sqft Oct 2022
RM 306.00 PSF
Single Storey Terraced HALA NIBONG
RM 510,000
1,528 sqft Oct 2022
RM 334.00 PSF
Single Storey Terraced LEBUH MAYANG PASIR
RM 700,000
1,572 sqft Jun 2022
RM 445.00 PSF
Single Storey Terraced JALAN NIBONG
RM 550,000
1,539 sqft Mar 2022
RM 357.00 PSF
Double Storey Terraced SOLOK Kampung JAWA 8
RM 667,000
1,550 sqft Oct 2021
RM 430.00 PSF
Single Storey Terraced JALAN NIBONG
RM 530,000
1,539 sqft Sep 2021
RM 344.00 PSF

Auction Properties

1 auction properties in BAYAN BARU