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 564K to RM 676K, and a typical market range of RM 578K 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 379 and RM 507. Market pricing typically extends from RM 402.00 to RM 484.00, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 64, 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. 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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Transactions

22 transactions grouped by size

1,050 sqft
Service Apartment
RM 595,000
Level 10
1,066 sqft · RM 558 PSF
RM 600,000
Level 12
1,066 sqft · RM 563 PSF
RM 680,000
Level 24
1,055 sqft · RM 645 PSF
RM 560,000
Level 16
1,066 sqft · RM 526 PSF
1,350 sqft
Office Lot
RM 650,000
Level 3
1,335 sqft · RM 487 PSF
1,400 sqft
Service Apartment
RM 589,000
Level 17
1,410 sqft · RM 418 PSF
RM 600,000
Level 16
1,410 sqft · RM 426 PSF
RM 624,000
Level 27
1,410 sqft · RM 443 PSF
RM 650,000
Level 11
1,410 sqft · RM 461 PSF
RM 509,000
Level 16
1,410 sqft · RM 361 PSF
RM 625,000
Level 21
1,410 sqft · RM 443 PSF
1,450 sqft
Service Apartment
RM 720,000
Level 11
1,432 sqft · RM 503 PSF
RM 680,000
Level 21
1,432 sqft · RM 475 PSF
1,500 sqft
Service Apartment
RM 620,000
Level 8
1,496 sqft · RM 414 PSF
1,550 sqft
Service Apartment
RM 590,000
Level 3
1,568 sqft · RM 376 PSF
1,650 sqft
Service Apartment
RM 708,000
Level 23
1,647 sqft · RM 430 PSF

No Properties For Sale

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

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