LIST

Penang, Barat Daya, 12

BAYAN POINT

Area Intelligence
2023
Median Price
RM 500,000
PSF: RM 368
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Commercial PSF Trends

Median Price

RM 500,000

RM 368 PSF

BAYAN POINT in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 368.

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 500K, with most transactions falling within a stable range of RM 345K to RM 1.25 million, and a typical market range of RM 440K to RM 560K.

Most transactions involved office lot, though some variety exists in the market.

Price per square foot shows a median of RM 368, though individual units vary from RM 267 to RM 469 in the core range. The broader market spans RM 333.00 to RM 403.00, indicating diverse property characteristics. A wider spread (IQR: RM 70.00) and deviation (MAD: RM 101) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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BAYAN POINT, Barat Daya, Penang

OSM

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Transactions

3 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
950 sqft
Office Lot
RM 345,000
Level 1
936 sqft · RM 368 PSF
2,150 sqft
Shop/Retail Lot
RM 500,000
Level 2
2,164 sqft · RM 231 PSF
4,200 sqft
Shop/Retail Lot
RM 2,000,000
Level 1
4,187 sqft · RM 478 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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