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 grouped by size

1,550 sqft
16 units (showing 6)
RM 615,000
Single Storey Terraced TINGKAT NIBONG 2
1,528 sqft · RM 402.00 PSF
Aug 2024
RM 500,000
Single Storey Terraced LORONG MAHSURI 9
1,572 sqft · RM 318.00 PSF
Aug 2024
RM 490,000
Single Storey Terraced MEDAN MAYANG PASIR
1,561 sqft · RM 314.00 PSF
Apr 2024
RM 515,000
Single Storey Terraced MEDAN MAYANG PASIR
1,528 sqft · RM 337.00 PSF
Feb 2024
RM 450,000
Single Storey Terraced HALA NIBONG
1,528 sqft · RM 294.00 PSF
Aug 2023
RM 500,000
Single Storey Terraced TINGKAT NIBONG 2
1,550 sqft · RM 323.00 PSF
Aug 2023
1,600 sqft
1 units Double Storey Terraced
RM 500,000
PERSIARAN MAYANG PASIR 3
1,592 sqft · RM 314.00 PSF
Apr 2024

Auction Properties

1 auction properties in BAYAN BARU