Bayan Baru
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lintang Nibong
|
RM 580,000
|
RM 362
|
1,604 sqft
|
|
Terrace |
|
Solok Kampung Jawa 3
|
RM 550,000
|
RM 343
|
1,604 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lintang Nibong
|
RM 500,000
|
RM 312
|
1,604 sqft
|
|
Terrace |
| 2021 | |||||
|
Tingkat Nibong Satu
|
RM 630,000
|
RM 390
|
1,615 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 565,000
RM 352 psfMedian transaction price
Bayan Baru, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsBayan Baru in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM 565K and a median price per square foot (PSF) of RM 352.
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. The median price is RM 565K, with most transactions falling within a stable range of RM 518K to RM 612K, and a typical market range of RM 500K to RM 630K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
For price per square foot, the median is RM 352, with most transactions between RM 324 and RM 381. The usual range is RM 299.28 to RM 405.28, showing that most units are priced quite close to each other. With an IQR of RM 106.00 and MAD of RM 29, 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.