Penang
Barat Daya
12
BAYAN CITY / ELITE HEIGHT

BAYAN CITY / ELITE HEIGHT

Area Intelligence

2023

Median Price

RM 605,000

PSF: RM 439

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Residential PSF Trends

Median Price

RM 602,500

PSF: RM 442

Commercial PSF Trends

Median Price

RM 610,000

RM 433 PSF

BAYAN 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 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 605K, with most transactions falling within a stable range of RM 800K to RM 830K, and a typical market range of RM 800K to RM 648K.

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

The median PSF stands at RM 439, with core pricing between RM 388 and RM 491. Market pricing typically extends from RM 398.00 to RM 480.00, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 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.

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BAYAN CITY / ELITE HEIGHT, Barat Daya, Penang

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