Area Intelligence

BAYAN BARU

1 properties
Single Storey Shop
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Median Price
RM 1,500,000
PSF: RM 469

Residential Market

Median Price

RM 205,000

IQR: RM 101
MAD: RM 53
RM 335 PSF 3.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,500,000

IQR: RM 67
MAD: RM 29
RM 469 PSF 5.4%

PSF Trends (2021-2025)

BAYAN BARU in Barat Daya, Penang recorded 1 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 469.

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.

Within the Single Storey Shop category, low-cost flat dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 469, with most transactions between RM 469 and RM 469. The usual range is RM 418.75 to RM 519.25, showing that most units are priced quite close to each other. With an IQR of RM 100.50 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BAYAN BARU, Barat Daya, Penang

OSM

Transactions

1 properties grouped by size

3,200 sqft
1 units Single Storey Shop
RM 1,500,000
JALAN MAYANG PASIR
3,197 sqft · RM 469.00 PSF
May 2024

Auction Properties

1 auction properties in BAYAN BARU