Bayan Baru
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Nibong
|
RM 590,000
|
RM 383
|
1,539 sqft
|
|
|
|
Lorong Mahsuri 9
|
RM 500,000
|
RM 318
|
1,572 sqft
|
|
|
|
Tingkat Nibong 2
|
RM 615,000
|
RM 402
|
1,528 sqft
|
|
|
|
Medan Mayang Pasir
|
RM 490,000
|
RM 314
|
1,561 sqft
|
|
|
|
Medan Mayang Pasir
|
RM 515,000
|
RM 337
|
1,528 sqft
|
|
|
|
Hala Nibong
|
RM 450,000
|
RM 294
|
1,528 sqft
|
|
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Market Snapshot
ResidentialRM 512,500
RM 335 psfMedian transaction price
Bayan Baru, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsBayan Baru in Barat Daya, Penang recorded 16 subsale transactions between 2021 and 2026, sized between 1,525 and 1,574 sqft, with a median price of RM 513K and a median price per square foot (PSF) of RM 335.
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 513K, with most transactions falling within a stable range of RM 451K to RM 574K, and a typical market range of RM 450K to RM 683K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 335, with core pricing between RM 296 and RM 375. Market pricing typically extends from RM 282.30 to RM 388.30, reflecting moderate variation in unit pricing. With an IQR of RM 106.00 and MAD of RM 39, 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.