Penang
Barat Daya
12
BAYAN CITY / ELITE HEIGHT

BAYAN CITY / ELITE HEIGHT

Area Intelligence

2022

Median Price

RM 1,175,000

PSF: RM 463

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Residential PSF Trends

Median Price

RM 612,500

PSF: RM 439

Commercial PSF Trends

Median Price

RM 1,175,000

RM 463 PSF

BAYAN CITY / ELITE HEIGHT in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 1.18 million and a median price per square foot (PSF) of RM 463.

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 1.18 million, with most transactions falling within a stable range of RM 950K to RM 1.40 million, and a typical market range of RM 1.13 million to RM 1.22 million.

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

The median PSF stands at RM 463, with core pricing between RM 374 and RM 551. Market pricing typically extends from RM 421.50 to RM 503.50, reflecting moderate variation in unit pricing. The spread of RM 82.00 (IQR) and deviation of RM 89 (MAD) suggest moderate price variations reflecting different property features.

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.

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BAYAN CITY / ELITE HEIGHT, Barat Daya, Penang

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