BAYAN CITY / ELITE HEIGHT
Residential Market
Median Price
RM 610,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 865,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Service Apartment
49 properties
Median Price
RM 610,000
+2.1% CAGR
Median PSF
RM 436.00
+0.3% CAGR
Office Lot
6 properties
Median Price
RM 865,000
Median PSF
RM 517.00
Shop/Retail Lot
1 properties
Median Price
RM 610,000
Median PSF
RM 433.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Service Apartment | 49 |
RM 610,000
±8K MAD
|
+2.06% |
RM 436.00
±12 MAD
|
+0.33% | |
| Office Lot | 6 |
RM 865,000
|
- |
RM 517.00
|
- | |
| Shop/Retail Lot | 1 |
RM 610,000
|
- |
RM 433.00
|
- |
BAYAN CITY / ELITE HEIGHT in Barat Daya, Penang recorded 27 subsale transactions in 2022, with a median price of RM 620K and a median price per square foot (PSF) of RM 443.
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 620K, with most transactions falling within a stable range of RM 465K to RM 821K, and a typical market range of RM 577K to RM 663K.
Most transactions involved service apartment, though some variety exists in the market.
The median PSF stands at RM 443, with core pricing between RM 365 and RM 521. Market pricing typically extends from RM 401.25 to RM 484.75, reflecting moderate variation in unit pricing. The spread of RM 83.50 (IQR) and deviation of RM 78 (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. Moderate transaction volume may require patience when buying or selling.
Filter by type, year, price, and size
Transactions
27 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 465,000
|
RM 527.00
|
883 sqft
|
May 2022
|
|
RM 595,000
|
RM 558.00
|
1,066 sqft
|
Dec 2022
|
||
|
RM 680,000
|
RM 645.00
|
1,055 sqft
|
Jul 2022
|
||
|
RM 600,000
|
RM 563.00
|
1,066 sqft
|
Jul 2022
|
||
|
RM 560,000
|
RM 526.00
|
1,066 sqft
|
Jan 2022
|
|
RM 650,000
|
RM 487.00
|
1,335 sqft
|
Oct 2022
|
|
RM 589,000
|
RM 418.00
|
1,410 sqft
|
Oct 2022
|
||
|
RM 600,000
|
RM 426.00
|
1,410 sqft
|
Oct 2022
|
||
|
RM 624,000
|
RM 443.00
|
1,410 sqft
|
Sep 2022
|
||
|
RM 650,000
|
RM 461.00
|
1,410 sqft
|
Sep 2022
|
||
|
RM 509,000
|
RM 361.00
|
1,410 sqft
|
Aug 2022
|
||
|
RM 615,000
|
RM 436.00
|
1,410 sqft
|
Jun 2022
|
|
RM 720,000
|
RM 503.00
|
1,432 sqft
|
Nov 2022
|
||
|
RM 680,000
|
RM 475.00
|
1,432 sqft
|
Oct 2022
|
|
RM 620,000
|
RM 414.00
|
1,496 sqft
|
Jan 2022
|
|
RM 590,000
|
RM 376.00
|
1,568 sqft
|
Dec 2022
|
Service Apartment | |
|
RM 780,000
|
RM 507.00
|
1,539 sqft
|
Nov 2022
|
Office Lot |
|
RM 708,000
|
RM 430.00
|
1,647 sqft
|
Nov 2022
|
|
RM 1,240,000
|
RM 702.00
|
1,765 sqft
|
Dec 2022
|
|
RM 1,400,000
|
RM 551.00
|
2,540 sqft
|
Sep 2022
|
||
|
RM 950,000
|
RM 374.00
|
2,540 sqft
|
Sep 2022
|