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 585K to RM 655K, and a typical market range of RM 578K to RM 663K.
Most transactions involved low-cost houselow, though some variety exists in the market.
For price per square foot, the median is RM 443, with most transactions between RM 415 and RM 471. The usual range is RM 402.00 to RM 484.00, 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. 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.
