Bayan City / Elite Height

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

Property Transactions

27 subsales grouped by size · Serviced Apt →

Median
RM 620,000
PSF
RM 443
Price Size
900 sqft
Office
RM 465,000
Level 3
883 sqft · RM 527 PSF
1,050 sqft
Serviced Apt
RM 595,000
Level 10
1,066 sqft · RM 558 PSF
RM 680,000
Level 24
1,055 sqft · RM 645 PSF
RM 600,000
Level 12
1,066 sqft · RM 563 PSF
RM 560,000
Level 16
1,066 sqft · RM 526 PSF
1,350 sqft
Office
RM 650,000
Level 3
1,335 sqft · RM 487 PSF
1,400 sqft
Serviced Apt
RM 589,000
Level 17
1,410 sqft · RM 418 PSF
RM 600,000
Level 16
1,410 sqft · RM 426 PSF
RM 624,000
Level 27
1,410 sqft · RM 443 PSF
RM 650,000
Level 11
1,410 sqft · RM 461 PSF
RM 509,000
Level 16
1,410 sqft · RM 361 PSF
RM 615,000
Level 17
1,410 sqft · RM 436 PSF
+6 more
1,450 sqft
Serviced Apt
RM 720,000
Level 11
1,432 sqft · RM 503 PSF
RM 680,000
Level 21
1,432 sqft · RM 475 PSF
1,500 sqft
Serviced Apt
RM 620,000
Level 8
1,496 sqft · RM 414 PSF
RM 590,000
Level 3
1,568 sqft · RM 376 PSF
RM 780,000
Level 3
1,539 sqft · RM 507 PSF
1,650 sqft
Serviced Apt
RM 708,000
Level 23
1,647 sqft · RM 430 PSF
1,750 sqft
Office
RM 1,240,000
Level 1
1,765 sqft · RM 702 PSF
2,550 sqft
Office
RM 1,400,000
Level 2
2,540 sqft · RM 551 PSF
RM 950,000
Level 3
2,540 sqft · RM 374 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Commercial

RM 865,000

RM 517 psf

Median transaction price

Bayan City / Elite Height
© OpenStreetMap · CARTO

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 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 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 620K, with most transactions falling within a stable range of RM 465K to RM 821K, and a typical market range of RM 578K to RM 662K.

Most transactions involved serviced 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 402.87 to RM 483.62, reflecting moderate variation in unit pricing. The spread of RM 80.75 (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.