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
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 17
|
RM 720,000
|
RM 481
|
1,496 sqft
|
|
Serviced Apt |
|
Level 16
|
RM 520,000
|
RM 531
|
980 sqft
|
|
Serviced Apt |
|
Level 17
|
RM 640,000
|
RM 454
|
1,410 sqft
|
|
Serviced Apt |
|
Level 18
|
RM 555,000
|
RM 526
|
1,055 sqft
|
|
Serviced Apt |
|
Level 28
|
RM 1,250,000
|
RM 413
|
3,025 sqft
|
|
Serviced Apt |
|
Level 20
|
RM 720,000
|
RM 437
|
1,647 sqft
|
|
Serviced Apt |
|
Level 12
|
RM 605,000
|
RM 439
|
1,378 sqft
|
|
Serviced Apt |
|
Level 21
|
RM 515,000
|
RM 526
|
980 sqft
|
|
Serviced Apt |
|
Level 21
|
RM 608,000
|
RM 445
|
1,367 sqft
|
|
Serviced Apt |
|
Level 15
|
RM 610,000
|
RM 433
|
1,408 sqft
|
|
Shop |
|
Level 26
|
RM 560,000
|
RM 397
|
1,410 sqft
|
|
Serviced Apt |
|
Level 9
|
RM 600,000
|
RM 439
|
1,367 sqft
|
|
Serviced Apt |
|
Level 2
|
RM 800,000
|
RM 516
|
1,550 sqft
|
|
Serviced Apt |
|
Level 3
|
RM 550,000
|
RM 357
|
1,539 sqft
|
|
Serviced Apt |
|
Level 8
|
RM 585,000
|
RM 415
|
1,410 sqft
|
|
Serviced Apt |
|
Level 25
|
RM 615,000
|
RM 436
|
1,410 sqft
|
|
Serviced Apt |
|
Level 12
|
RM 530,000
|
RM 541
|
980 sqft
|
|
Serviced Apt |
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Market Snapshot
CommercialRM 610,000
RM 433 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 17 subsale transactions in 2023, with a median price of RM 605K and a median price per square foot (PSF) of RM 439.
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 605K, with most transactions falling within a stable range of RM 515K to RM 773K, and a typical market range of RM 563K to RM 647K.
Most transactions involved serviced apartment, though some variety exists in the market.
The median PSF stands at RM 439, with core pricing between RM 387 and RM 491. Market pricing typically extends from RM 398.74 to RM 479.49, reflecting moderate variation in unit pricing. With an IQR of RM 80.75 and MAD of RM 52, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.