BAYAN CITY / ELITE HEIGHT

BAYAN CITY / ELITE HEIGHT in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM 605K and a median price per square foot (PSF) of RM 419.

This area contains both residential and commercial properties. View 49 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 605K, with most transactions falling within a stable range of RM 600K to RM 625K, and a typical market range of RM 600K to RM 644K.

Most transactions involved service apartment, though some variety exists in the market.

For price per square foot, the median is RM 419, with most transactions between RM 400 and RM 438. The usual range is RM 377.25 to RM 460.75, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 19, 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.