BAYAN POINT

BAYAN POINT in Barat Daya, Penang recorded 2 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 378K and a median price per square foot (PSF) of RM 403.

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 378K, with most transactions falling within a stable range of RM 345K to RM 410K, and a typical market range of RM 345K to RM 410K.

Within the Office Lot category, office lot dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 403, with most transactions between RM 368 and RM 438. The usual range is RM 345.88 to RM 460.13, showing that most units are priced quite close to each other. With an IQR of RM 114.25 and MAD of RM 35, 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.