BAYAN CITY / ELITE HEIGHT

Area Intelligence
Office Lot
Median Price
RM 865,000
PSF: RM 517

Residential PSF Trends

Median Price

RM 612,500

PSF: RM 439

Commercial PSF Trends

Median Price

RM 865,000

RM 517 PSF

BAYAN CITY / ELITE HEIGHT in Barat Daya, Penang recorded 6 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 865K and a median price per square foot (PSF) of RM 517.

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 865K, with most transactions falling within a stable range of RM 540K to RM 1.19 million, and a typical market range of RM 823K to RM 908K.

Within the Office Lot category, low-cost houselow dominated the market, though some variety exists in the market.

The median PSF stands at RM 517, with core pricing between RM 420 and RM 614. Market pricing typically extends from RM 476.00 to RM 558.00, reflecting moderate variation in unit pricing. The spread of RM 82.00 (IQR) and deviation of RM 97 (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. 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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Transactions

6 transactions grouped by size

900 sqft
Office Lot
RM 465,000
Level 3
883 sqft · RM 527 PSF
1,350 sqft
Office Lot
RM 650,000
Level 3
1,335 sqft · RM 487 PSF
1,550 sqft
Office Lot
RM 780,000
Level 3
1,539 sqft · RM 507 PSF
1,750 sqft
Office Lot
RM 1,240,000
Level 1
1,765 sqft · RM 702 PSF
2,550 sqft
Office Lot
RM 1,400,000
Level 2
2,540 sqft · RM 551 PSF
RM 950,000
Level 3
2,540 sqft · RM 374 PSF

No Properties For Sale

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

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