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 |
| 2022 | |||||
|
Level 2
|
RM 1,400,000
|
RM 551
|
2,540 sqft
|
|
Office |
|
Level 3
|
RM 950,000
|
RM 374
|
2,540 sqft
|
|
Office |
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Market Snapshot
CommercialRM 1,175,000
RM 463 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 3 subsale transactions between 2021 and 2026, sized between 2,525 and 2,574 sqft, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 392.
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 1.00 million, with most transactions falling within a stable range of RM 950K to RM 1.20 million, and a typical market range of RM 958K to RM 1.04 million.
Most transactions involved serviced apartment, though some variety exists in the market.
Price per square foot shows a median of RM 392, though individual units vary from RM 312 to RM 472 in the core range. The broader market spans RM 351.63 to RM 432.38, indicating diverse property characteristics. The spread of RM 80.75 (IQR) and deviation of RM 80 (MAD) suggest moderate price variations reflecting different property features.
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.