Area Intelligence

BAYAN CITY / ELITE HEIGHT

5 properties
2024
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Median Price
RM 650,000
PSF: RM 461

Residential Market

Median Price

RM 650,000

IQR: RM 74
MAD: RM 24
RM 461 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 5 subsale transactions in 2024, with a median price of RM 650K and a median price per square foot (PSF) of RM 461.

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 650K, with most transactions falling within a stable range of RM 602K to RM 698K, and a typical market range of RM 606K to RM 694K.

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

The median PSF stands at RM 461, with core pricing between RM 413 and RM 509. Market pricing typically extends from RM 417.75 to RM 504.25, reflecting moderate variation in unit pricing. With an IQR of RM 86.50 and MAD of RM 48, 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

5 properties grouped by size

1,050 sqft
1 units Service Apartment
RM 570,000
1,055 sqft · RM 540.00 PSF
Jun 2024
1,400 sqft
1 units Service Apartment
RM 650,000
1,410 sqft · RM 461.00 PSF
Aug 2024
1,450 sqft
2 units Service Apartment
RM 650,000
1,475 sqft · RM 441.00 PSF
Nov 2024
RM 720,000
1,432 sqft · RM 503.00 PSF
Aug 2024
1,650 sqft
1 units Service Apartment
RM 660,000
1,647 sqft · RM 401.00 PSF
Feb 2024