Penang
Barat Daya
12
BAYAN CITY / ELITE HEIGHT

BAYAN CITY / ELITE HEIGHT

Area Intelligence

2022

Median Price

RM 620,000

PSF: RM 443

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Residential PSF Trends

Median Price

RM 610,000

PSF: RM 436

Commercial PSF Trends

Median Price

RM 865,000

RM 517 PSF

BAYAN CITY / ELITE HEIGHT in Barat Daya, Penang recorded 27 subsale transactions in 2022, with a median price of RM 620K and a median price per square foot (PSF) of RM 443.

This area contains both residential and commercial properties. View 50 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 620K, with most transactions falling within a stable range of RM 1.24 million to RM 700K, and a typical market range of RM 1.24 million to RM 663K.

Most transactions involved low-cost houselow, though some variety exists in the market.

The median PSF stands at RM 443, with core pricing between RM 368 and RM 519. Market pricing typically extends from RM 402.00 to RM 484.00, reflecting moderate variation in unit pricing. The spread of RM 82.00 (IQR) and deviation of RM 76 (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. Moderate transaction volume may require patience when buying or selling.

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BAYAN CITY / ELITE HEIGHT, Barat Daya, Penang

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