Bayan City / Elite Height
5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 12
|
RM 570,000
|
RM 540
|
1,055 sqft
|
|
|
Level 12
|
RM 650,000
|
RM 461
|
1,410 sqft
|
|
|
Level 23
|
RM 650,000
|
RM 441
|
1,475 sqft
|
|
|
|
Level 12
|
RM 720,000
|
RM 503
|
1,432 sqft
|
|
|
Level 11
|
RM 660,000
|
RM 401
|
1,647 sqft
|
|
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Market Snapshot
CommercialRM 780,000
RM 507 psfMedian transaction price
5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsBayan City / Elite Height in Barat Daya, Penang recorded 5 subsale transactions in 2024, with a median price of RM 650K and a median price per square foot (PSF) of RM 461.
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 650K, with most transactions falling within a stable range of RM 602K to RM 698K, and a typical market range of RM 608K to RM 692K.
Most transactions involved serviced apartment, though some variety exists in the market.
The median PSF stands at RM 461, with core pricing between RM 412 and RM 509. Market pricing typically extends from RM 420.60 to RM 501.35, reflecting moderate variation in unit pricing. With an IQR of RM 80.75 and MAD of RM 49, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.