BAYAN CITY / ELITE HEIGHT

Area Intelligence
2022
Median Price
RM 465,000
PSF: RM 527

Residential PSF Trends

Median Price

RM 612,500

PSF: RM 439

Commercial PSF Trends

Median Price

RM 465,000

RM 527 PSF

BAYAN CITY / ELITE HEIGHT in Barat Daya, Penang recorded 1 subsale transactions in 2022, with a median price of RM 465K and a median price per square foot (PSF) of RM 527.

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 465K, with most transactions falling within a stable range of RM 430K to RM 500K, and a typical market range of RM 423K to RM 508K.

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

For price per square foot, the median is RM 527, with most transactions between RM 499 and RM 555. The usual range is RM 486.00 to RM 568.00, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 28, 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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