BAYAN CITY / ELITE HEIGHT

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 49 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 822K to RM 908K.

Within the Office Lot category, service apartment 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 475.25 to RM 558.75, reflecting moderate variation in unit pricing. The spread of RM 83.50 (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.