BAYAN CITY / ELITE HEIGHT

BAYAN CITY / ELITE HEIGHT in Barat Daya, Penang recorded 17 subsale transactions in 2023, with a median price of RM 605K and a median price per square foot (PSF) of RM 439.

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 515K to RM 773K, and a typical market range of RM 561K to RM 649K.

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

The median PSF stands at RM 439, with core pricing between RM 387 and RM 491. Market pricing typically extends from RM 395.75 to RM 482.25, reflecting moderate variation in unit pricing. With an IQR of RM 86.50 and MAD of RM 52, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.