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 570K to RM 640K, and a typical market range of RM 563K to RM 648K.
Most transactions involved low-cost houselow, though some variety exists in the market.
For price per square foot, the median is RM 439, with most transactions between RM 411 and RM 467. The usual range is RM 398.00 to RM 480.00, 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. Limited transaction history suggests carefully evaluating comparable sales data.
