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 |
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Market Snapshot
CommercialRM 500,000
RM 368 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 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 268 to RM 469 in the core range. The broader market spans RM 333.41 to RM 403.41, 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.