Area Intelligence

BAYAN BARU

29 properties
Flat
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Median Price
RM 160,000
PSF: RM 290

Residential Market

Median Price

RM 160,000

IQR: RM 101
MAD: RM 53
RM 290 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 29 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 160K and a median price per square foot (PSF) of RM 290.

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 160K, with most transactions falling within a stable range of RM 130K to RM 190K, and a typical market range of RM 100K to RM 260K.

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

The median PSF stands at RM 290, with core pricing between RM 243 and RM 337. Market pricing typically extends from RM 239.75 to RM 340.25, reflecting moderate variation in unit pricing. The spread of RM 100.50 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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BAYAN BARU, Barat Daya, Penang

OSM

Transactions

29 properties grouped by size

400 sqft
1 units Flat
RM 158,000
420 sqft · RM 376.00 PSF
Sep 2023
450 sqft
1 units Flat
RM 100,000
452 sqft · RM 221.00 PSF
Apr 2024
550 sqft
22 units (showing 6) Flat
RM 185,000
552 sqft · RM 335.00 PSF
Aug 2024
RM 171,000
549 sqft · RM 311.00 PSF
Jul 2024
RM 165,000
560 sqft · RM 295.00 PSF
Apr 2024
RM 210,000
549 sqft · RM 383.00 PSF
Mar 2024
RM 140,000
549 sqft · RM 255.00 PSF
Mar 2024
RM 120,000
549 sqft · RM 219.00 PSF
Feb 2024
600 sqft
2 units Flat
RM 135,000
614 sqft · RM 220.00 PSF
Nov 2023
RM 170,000
581 sqft · RM 292.00 PSF
Nov 2023
750 sqft
1 units Flat
RM 170,000
743 sqft · RM 229.00 PSF
Sep 2022
800 sqft
1 units Flat
RM 260,000
786 sqft · RM 331.00 PSF
Oct 2023
850 sqft
1 units Flat
RM 185,000
840 sqft · RM 220.00 PSF
Jun 2023

Auction Properties

1 auction properties in BAYAN BARU