BAYAN BARU

Area Intelligence
2024
Median Price
RM 970,000
PSF: RM 369

Residential PSF Trends

Median Price

RM 970,000

PSF: RM 369

Commercial PSF Trends

Median Price

RM 455,000

RM 444 PSF

BAYAN BARU in Barat Daya, Penang recorded 4 subsale transactions in 2024, with a median price of RM 970K and a median price per square foot (PSF) of RM 369.

This area contains both residential and commercial properties. View 261 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 970K, with most transactions falling within a stable range of RM 680K to RM 1.26 million, and a typical market range of RM 800K to RM 1.14 million.

Most transactions involved low-cost hous, with high diversity across multiple property types.

Price per square foot shows a median of RM 369, though individual units vary from RM 265 to RM 473 in the core range. The broader market spans RM 318.50 to RM 419.50, indicating diverse property characteristics. A wider spread (IQR: RM 101.00) and deviation (MAD: RM 104) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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BAYAN BARU, Barat Daya, Penang

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Transactions

4 transactions grouped by size

2,500 sqft
Single Storey Terraced
RM 680,000
LORONG MAHSURI 3
2,486 sqft · RM 273 PSF
2,600 sqft
Single Storey Terraced
RM 840,000
JALAN NIBONG
2,616 sqft · RM 321 PSF
2,650 sqft
Double Storey Terraced
RM 1,100,000
LORONG MAHSURI 10
2,635 sqft · RM 417 PSF
RM 1,450,000
LORONG MAHSURI 10
2,657 sqft · RM 546 PSF

Auction Properties

1 auction properties in BAYAN BARU

Terrace
No. 75, Persiaran Mayang Pasir 3, Bayan Baru, 11900, Bayan L...
RM 504,000
1,120 sqft
PSF: RM 450.00
26 Jan 2026

No Properties For Sale

There are currently no properties listed for sale in this area.

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