Bayan Point
19, Medan Kampung Relau, Kampung Seberang Paya, 11900 Bayan Lepas, Penang, Malaysia
19, Medan Kampung Relau, Kampung Seberang Paya, 11900 Bayan Lepas, Penang, Malaysia
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Market Snapshot
CommercialRM 2,000,000
RM 478 psfMedian transaction price
Bayan Point, 19, Medan Kampung Relau, Kampung Seberang Paya, 11900 Bayan Lepas, Penang, Malaysia
MapsBayan Point in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2026, priced from RM 2.00 million and above, with a median price of RM 2.00 million and a median price per square foot (PSF) of RM 478.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved office lot, though some variety exists in the market.
For price per square foot, the median is RM 478, with most transactions between RM 478 and RM 478. The usual range is RM 442.65 to RM 512.65, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 0, 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.