BAYAN CITY / ELITE HEIGHT

BAYAN CITY / ELITE HEIGHT in Barat Daya, Penang recorded 49 Service Apartment properties subsale transactions between 2021 and 2025 for service apartment properties, with a median price of RM 610K and a median price per square foot (PSF) of RM 439.

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 610K, with most transactions falling within a stable range of RM 509K to RM 728K, and a typical market range of RM 567K to RM 653K.

Within the Service Apartment category, service apartment dominated the market, though some variety exists in the market.

The median PSF stands at RM 439, with core pricing between RM 382 and RM 496. Market pricing typically extends from RM 397.25 to RM 480.75, reflecting moderate variation in unit pricing. With an IQR of RM 83.50 and MAD of RM 57, 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.