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
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 380,000
|
RM 406
|
936 sqft
|
|
|
|
Level 3
|
RM 410,000
|
RM 438
|
936 sqft
|
|
|
|
Level 1
|
RM 345,000
|
RM 368
|
936 sqft
|
|
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Market Snapshot
CommercialRM 380,000
RM 406 psfMedian transaction price
Bayan Point, 19, Medan Kampung Relau, Kampung Seberang Paya, 11900 Bayan Lepas, Penang, Malaysia
MapsBayan Point in Barat Daya, Penang recorded 3 Office Lot properties subsale transactions between 2021 and 2026, with a median price of RM 380K and a median price per square foot (PSF) of RM 406.
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 380K, with most transactions falling within a stable range of RM 353K to RM 407K, and a typical market range of RM 345K to RM 410K.
Within the Office Lot category, office lot dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 406, with most transactions between RM 377 and RM 434. The usual range is RM 370.78 to RM 440.78, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 28, 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.