Bayan City / Elite Height
5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 19
|
RM 605,000
|
RM 429
|
1,410 sqft
|
|
Serviced Apt |
|
Level 12
|
RM 650,000
|
RM 461
|
1,410 sqft
|
|
Serviced Apt |
|
Level 16
|
RM 560,000
|
RM 526
|
1,066 sqft
|
|
Serviced Apt |
|
Level 23
|
RM 610,000
|
RM 433
|
1,410 sqft
|
|
Serviced Apt |
|
Level 8
|
RM 620,000
|
RM 414
|
1,496 sqft
|
|
Serviced Apt |
| 2021 | |||||
|
Level 26
|
RM 605,000
|
RM 404
|
1,496 sqft
|
|
Serviced Apt |
|
Level 8
|
RM 600,000
|
RM 419
|
1,432 sqft
|
|
Serviced Apt |
|
Level 17
|
RM 644,000
|
RM 450
|
1,432 sqft
|
|
Serviced Apt |
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Market Snapshot
RM 615,000
RM 439 psfMedian transaction price
RM 780,000
RM 507 psfMedian transaction price
5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsBayan City / Elite Height in Barat Daya, Penang recorded 58 subsale transactions between 2021 and 2026, with a median price of RM 618K and a median price per square foot (PSF) of RM 445.
This area contains both residential and commercial properties. View 51 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 618K, with most transactions falling within a stable range of RM 583K to RM 653K, and a typical market range of RM 576K to RM 659K.
Most transactions involved serviced apartment, though some variety exists in the market.
For price per square foot, the median is RM 445, with most transactions between RM 414 and RM 476. The usual range is RM 404.39 to RM 485.14, showing that most units are priced quite close to each other. With an IQR of RM 80.75 and MAD of RM 31, 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. Moderate transaction volume may require patience when buying or selling.