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 500,000
RM 231 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, sized between 2,125 and 2,174 sqft, with a median price of RM 500K and a median price per square foot (PSF) of RM 231.
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 231, with most transactions between RM 231 and RM 231. The usual range is RM 196.10 to RM 266.10, 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.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.