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
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 28
|
RM 1,000,000
|
RM 392
|
2,551 sqft
|
|
Serviced Apt |
| 2023 | |||||
|
Level 28
|
RM 1,250,000
|
RM 413
|
3,025 sqft
|
|
Serviced Apt |
| 2022 | |||||
|
Level 1
|
RM 1,240,000
|
RM 702
|
1,765 sqft
|
|
Office |
|
Level 2
|
RM 1,400,000
|
RM 551
|
2,540 sqft
|
|
Office |
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Market Snapshot
RM 1,125,000
RM 403 psfMedian transaction price
RM 1,320,000
RM 627 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 4 subsale transactions between 2021 and 2026, priced from RM 1.00 million and above, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 482.
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 1.25 million, with most transactions falling within a stable range of RM 1.10 million to RM 1.39 million, and a typical market range of RM 1.20 million to RM 1.29 million.
Most transactions involved serviced apartment, though some variety exists in the market.
Price per square foot shows a median of RM 482, though individual units vary from RM 358 to RM 607 in the core range. The broader market spans RM 441.82 to RM 522.57, indicating diverse property characteristics. A wider spread (IQR: RM 80.75) and deviation (MAD: RM 124) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Limited transaction history suggests carefully evaluating comparable sales data.