Bayan City / Elite Height

5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

51 subsales grouped by size

Size Type List

Group by

Size Type List

Median

RM 615,000

PSF

RM 439

Size Type List

Group by

Size Type List

Property Type

All Types 58

Categories

Residential 1 Commercial 7

Specific Types

Office Lot 6 Serviced Apt 1 Shop/Retail Lot 1

6M 1Y 2Y 3Y

All Years 2026

2025

2024

2023

2022

2021

Custom range

From

Price Size

Road	Price	PSF	Size	Date	Type

1,000 sqft

Serviced Apt

1,000 sqft

Serviced Apt

RM 520,000

Level 16

980 sqft · RM 531 PSF

Dec-23

RM 515,000

Level 21

980 sqft · RM 526 PSF

Aug-23

RM 530,000

Level 12

980 sqft · RM 541 PSF

Feb-23

Level 16	RM 520,000	RM 531	980 sqft	Dec-23
Level 21	RM 515,000	RM 526	980 sqft	Aug-23
Level 12	RM 530,000	RM 541	980 sqft	Feb-23

1,050 sqft

Serviced Apt

1,050 sqft

Serviced Apt

RM 570,000

Level 12

1,055 sqft · RM 540 PSF

Jun-24

RM 555,000

Level 18

1,055 sqft · RM 526 PSF

Nov-23

RM 595,000

Level 10

1,066 sqft · RM 558 PSF

Dec-22

RM 600,000

Level 12

1,066 sqft · RM 563 PSF

Jul-22

RM 680,000

Level 24

1,055 sqft · RM 645 PSF

Jul-22

RM 560,000

Level 16

1,066 sqft · RM 526 PSF

Jan-22

Level 12	RM 570,000	RM 540	1,055 sqft	Jun-24
Level 18	RM 555,000	RM 526	1,055 sqft	Nov-23
Level 10	RM 595,000	RM 558	1,066 sqft	Dec-22
Level 12	RM 600,000	RM 563	1,066 sqft	Jul-22
Level 24	RM 680,000	RM 645	1,055 sqft	Jul-22
Level 16	RM 560,000	RM 526	1,066 sqft	Jan-22

1,350 sqft

Serviced Apt

1,350 sqft

Serviced Apt

RM 608,000

Level 21

1,367 sqft · RM 445 PSF

Aug-23

RM 600,000

Level 9

1,367 sqft · RM 439 PSF

Jun-23

Level 21	RM 608,000	RM 445	1,367 sqft	Aug-23
Level 9	RM 600,000	RM 439	1,367 sqft	Jun-23

1,400 sqft

Serviced Apt

1,400 sqft

Serviced Apt

RM 680,000

Level 27

1,410 sqft · RM 482 PSF

Jul-25

RM 610,000

Level 19

1,410 sqft · RM 433 PSF

Apr-25

RM 650,000

Level 12

1,410 sqft · RM 461 PSF

Aug-24

RM 640,000

Level 17

1,410 sqft · RM 454 PSF

Nov-23

RM 605,000

Level 12

1,378 sqft · RM 439 PSF

Sep-23

RM 560,000

Level 26

1,410 sqft · RM 397 PSF

Jun-23

Level 27	RM 680,000	RM 482	1,410 sqft	Jul-25
Level 19	RM 610,000	RM 433	1,410 sqft	Apr-25
Level 12	RM 650,000	RM 461	1,410 sqft	Aug-24
Level 17	RM 640,000	RM 454	1,410 sqft	Nov-23
Level 12	RM 605,000	RM 439	1,378 sqft	Sep-23
Level 26	RM 560,000	RM 397	1,410 sqft	Jun-23

+14 more

1,450 sqft

Serviced Apt

1,450 sqft

Serviced Apt

RM 720,000

Level 22

1,432 sqft · RM 503 PSF

Jan-26

RM 628,000

Level 10

1,432 sqft · RM 439 PSF

May-25

RM 650,000

Level 23

1,475 sqft · RM 441 PSF

Nov-24

RM 720,000

Level 12

1,432 sqft · RM 503 PSF

Aug-24

RM 720,000

Level 11

1,432 sqft · RM 503 PSF

Nov-22

RM 680,000

Level 21

1,432 sqft · RM 475 PSF

Oct-22

RM 600,000

Level 8

1,432 sqft · RM 419 PSF

Dec-21

RM 644,000

Level 17

1,432 sqft · RM 450 PSF

Oct-21

Level 22	RM 720,000	RM 503	1,432 sqft	Jan-26
Level 10	RM 628,000	RM 439	1,432 sqft	May-25
Level 23	RM 650,000	RM 441	1,475 sqft	Nov-24
Level 12	RM 720,000	RM 503	1,432 sqft	Aug-24
Level 11	RM 720,000	RM 503	1,432 sqft	Nov-22
Level 21	RM 680,000	RM 475	1,432 sqft	Oct-22
Level 8	RM 600,000	RM 419	1,432 sqft	Dec-21
Level 17	RM 644,000	RM 450	1,432 sqft	Oct-21

1,500 sqft

Serviced Apt

1,500 sqft

Serviced Apt

RM 720,000

Level 17

1,496 sqft · RM 481 PSF

Dec-23

RM 620,000

Level 8

1,496 sqft · RM 414 PSF

Jan-22

RM 605,000

Level 26

1,496 sqft · RM 404 PSF

Dec-21

Level 17	RM 720,000	RM 481	1,496 sqft	Dec-23
Level 8	RM 620,000	RM 414	1,496 sqft	Jan-22
Level 26	RM 605,000	RM 404	1,496 sqft	Dec-21

1,550 sqft

Serviced Apt

1,550 sqft

Serviced Apt

RM 800,000

Level 2

1,550 sqft · RM 516 PSF

May-23

RM 550,000

Level 3

1,539 sqft · RM 357 PSF

May-23

RM 590,000

Level 3

1,568 sqft · RM 376 PSF

Dec-22

Level 2	RM 800,000	RM 516	1,550 sqft	May-23
Level 3	RM 550,000	RM 357	1,539 sqft	May-23
Level 3	RM 590,000	RM 376	1,568 sqft	Dec-22

1,650 sqft

Serviced Apt

1,650 sqft

Serviced Apt

RM 685,000

Level 10

1,647 sqft · RM 416 PSF

Jan-25

RM 660,000

Level 11

1,647 sqft · RM 401 PSF

Feb-24

RM 720,000

Level 20

1,647 sqft · RM 437 PSF

Sep-23

RM 708,000

Level 23

1,647 sqft · RM 430 PSF

Nov-22

Level 10	RM 685,000	RM 416	1,647 sqft	Jan-25
Level 11	RM 660,000	RM 401	1,647 sqft	Feb-24
Level 20	RM 720,000	RM 437	1,647 sqft	Sep-23
Level 23	RM 708,000	RM 430	1,647 sqft	Nov-22

2,550 sqft

Serviced Apt

2,550 sqft

Serviced Apt

RM 1,000,000

Level 28

2,551 sqft · RM 392 PSF

Jan-25

Level 28

RM 1,000,000

RM 392

2,551 sqft

Jan-25

3,000 sqft

Serviced Apt

3,000 sqft

Serviced Apt

RM 1,250,000

Level 28

3,025 sqft · RM 413 PSF

Oct-23

Level 28

RM 1,250,000

RM 413

3,025 sqft

Oct-23

Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 615,000

RM 439 psf

Median transaction price

RM 780,000

RM 507 psf

Median transaction price

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Bayan City / Elite Height

5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Bayan City / Elite Height in Barat Daya, Penang recorded 51 Serviced Apt properties subsale transactions between 2021 and 2026, with a median price of RM 615K and a median price per square foot (PSF) of RM 439.

This area contains both residential and commercial properties. View 51 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 615K, with most transactions falling within a stable range of RM 509K to RM 732K, and a typical market range of RM 573K to RM 657K.

Within the Serviced Apt category, serviced apartment dominated the market, though some variety exists in the market.

The median PSF stands at RM 439, with core pricing between RM 383 and RM 495. Market pricing typically extends from RM 398.74 to RM 479.49, reflecting moderate variation in unit pricing. With an IQR of RM 80.75 and MAD of RM 56, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.

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