BAYAN CITY / ELITE HEIGHT

Area Intelligence
2022
Median Price
RM 620,000
PSF: RM 443

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 780K to RM 862K, and a typical market range of RM 780K to RM 663K.

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

Price per square foot shows a median of RM 443, though individual units vary from RM 326 to RM 560 in the core range. The broader market spans RM 402.00 to RM 484.00, indicating diverse property characteristics. A wider spread (IQR: RM 82.00) and deviation (MAD: RM 117) indicate significant PSF variations, likely due to diverse property types or conditions.

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. 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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Transactions

4 transactions grouped by size

1,550 sqft
Office Lot
RM 780,000
Level 3
1,539 sqft · RM 507 PSF
1,750 sqft
Office Lot
RM 1,240,000
Level 1
1,765 sqft · RM 702 PSF
2,550 sqft
Office Lot
RM 1,400,000
Level 2
2,540 sqft · RM 551 PSF
RM 950,000
Level 3
2,540 sqft · RM 374 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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