Area Intelligence

BAYAN CITY / ELITE HEIGHT

3 properties
2021
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Median Price
RM 605,000
PSF: RM 419

Residential Market

Median Price

RM 605,000

IQR: RM 74
MAD: RM 24
RM 419 PSF 3.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 780,000

IQR: RM 79
MAD: RM 44
RM 507 PSF 16.2%

PSF Trends (2021-2025)

BAYAN CITY / ELITE HEIGHT in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM 605K and a median price per square foot (PSF) of RM 419.

This area contains both residential and commercial properties. View 47 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 605K, with most transactions falling within a stable range of RM 600K to RM 625K, and a typical market range of RM 600K to RM 644K.

Most transactions involved service apartment, though some variety exists in the market.

For price per square foot, the median is RM 419, with most transactions between RM 400 and RM 438. The usual range is RM 375.75 to RM 462.25, showing that most units are priced quite close to each other. With an IQR of RM 86.50 and MAD of RM 19, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BAYAN CITY / ELITE HEIGHT, Barat Daya, Penang

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Transactions

3 properties grouped by size

1,450 sqft
2 units Service Apartment
RM 600,000
1,432 sqft · RM 419.00 PSF
Dec 2021
RM 644,000
1,432 sqft · RM 450.00 PSF
Oct 2021
1,500 sqft
1 units Service Apartment
RM 605,000
1,496 sqft · RM 404.00 PSF
Dec 2021