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 10
|
RM 685,000
|
RM 416
|
1,647 sqft
|
|
Serviced Apt |
| 2024 | |||||
|
Level 11
|
RM 660,000
|
RM 401
|
1,647 sqft
|
|
Serviced Apt |
| 2023 | |||||
|
Level 20
|
RM 720,000
|
RM 437
|
1,647 sqft
|
|
Serviced Apt |
| 2022 | |||||
|
Level 23
|
RM 708,000
|
RM 430
|
1,647 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 4 subsale transactions between 2021 and 2026, sized between 1,625 and 1,674 sqft, with a median price of RM 697K and a median price per square foot (PSF) of RM 423.
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 697K, with most transactions falling within a stable range of RM 674K to RM 719K, and a typical market range of RM 660K to RM 720K.
Most transactions involved serviced apartment, though some variety exists in the market.
For price per square foot, the median is RM 423, with most transactions between RM 409 and RM 437. The usual range is RM 382.55 to RM 463.30, showing that most units are priced quite close to each other. With an IQR of RM 80.75 and MAD of RM 14, 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.