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
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 12
|
RM 570,000
|
RM 540
|
1,055 sqft
|
|
Serviced Apt |
| 2023 | |||||
|
Level 18
|
RM 555,000
|
RM 526
|
1,055 sqft
|
|
Serviced Apt |
| 2022 | |||||
|
Level 10
|
RM 595,000
|
RM 558
|
1,066 sqft
|
|
Serviced Apt |
|
Level 24
|
RM 680,000
|
RM 645
|
1,055 sqft
|
|
Serviced Apt |
|
Level 12
|
RM 600,000
|
RM 563
|
1,066 sqft
|
|
Serviced Apt |
|
Level 16
|
RM 560,000
|
RM 526
|
1,066 sqft
|
|
Serviced Apt |
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Market Snapshot
CommercialRM 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 6 subsale transactions between 2021 and 2026, sized between 1,025 and 1,074 sqft, with a median price of RM 583K and a median price per square foot (PSF) of RM 549.
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 583K, with most transactions falling within a stable range of RM 555K to RM 625K, and a typical market range of RM 555K to RM 624K.
Most transactions involved serviced apartment, though some variety exists in the market.
For price per square foot, the median is RM 549, with most transactions between RM 509 and RM 590. The usual range is RM 508.99 to RM 589.74, showing that most units are priced quite close to each other. With an IQR of RM 80.75 and MAD of RM 41, 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. Limited transaction history suggests carefully evaluating comparable sales data.