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
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Market Snapshot
RM 615,000
RM 439 psfMedian transaction price
RM 465,000
RM 527 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 1 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM 465K and a median price per square foot (PSF) of RM 527.
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.
Most transactions involved serviced apartment, though some variety exists in the market.
For price per square foot, the median is RM 527, with most transactions between RM 527 and RM 527. The usual range is RM 486.46 to RM 567.21, showing that most units are priced quite close to each other. With an IQR of RM 80.75 and MAD of RM 0, 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.