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Bayan Megamall/ Bay Avenue

Bay Avenue, Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

18 subsales found · Shop →

Median
RM 875,000
PSF
RM 1,161
Group by
Size Type List
2024
RM 1,700,000
Level G
1,259 sqft • RM 1,350 PSF
RM 800,000
Level 2
1,302 sqft • RM 614 PSF
RM 800,000
Level 3
1,625 sqft • RM 492 PSF
RM 900,000
Level 2
1,625 sqft • RM 554 PSF
RM 1,500,000
Level 1
1,313 sqft • RM 1,142 PSF
RM 700,000
Level 3
1,399 sqft • RM 500 PSF
RM 1,500,000
Level 1
1,130 sqft • RM 1,327 PSF
RM 800,000
Level 2
1,399 sqft • RM 572 PSF
2023
RM 1,300,000
Level 1
1,119 sqft • RM 1,161 PSF
RM 800,000
Level 2
1,399 sqft • RM 572 PSF
2022
RM 1,850,000
Level 1
1,141 sqft • RM 1,621 PSF
RM 1,000,000
Level 2
1,399 sqft • RM 715 PSF
RM 1,000,000
Level 3
1,399 sqft • RM 715 PSF
RM 845,000
Level 2
1,313 sqft • RM 643 PSF
RM 845,000
Level 1
1,313 sqft • RM 643 PSF
2021
RM 850,000
Level 2
1,399 sqft • RM 607 PSF
RM 850,000
Level 1
1,399 sqft • RM 607 PSF
RM 2,000,000
Level G
1,141 sqft • RM 1,753 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 875,000

RM 643 psf

Median transaction price

Bayan Megamall/ Bay Avenue
© OpenStreetMap · CARTO

Bay Avenue, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Bayan Megamall/ Bay Avenue in Barat Daya, Penang recorded 18 subsale transactions between 2021 and 2026, with a median price of RM 875K and a median price per square foot (PSF) of RM 1,161.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 875K, with most transactions falling within a stable range of RM 775K to RM 975K, and a typical market range of RM 700K to RM 1.19 million.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

For price per square foot, the median is RM 1,161, with most transactions between RM 1,081 and RM 1,242. The usual range is RM 873.53 to RM 1,449.03, showing that most units are priced quite close to each other. With an IQR of RM 575.50 and MAD of RM 81, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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