Bayan Baru
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 710,000
RM 559 psfMedian transaction price
Bayan Baru, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsBayan Baru in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,225 and 1,274 sqft, with a median price of RM 710K and a median price per square foot (PSF) of RM 559.
This area contains both residential and commercial properties. View 267 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved low-cost flat, with high diversity across multiple property types.
For price per square foot, the median is RM 559, with most transactions between RM 559 and RM 559. The usual range is RM 505.99 to RM 611.99, showing that most units are priced quite close to each other. With an IQR of RM 106.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.