Desa Bayan
12, Jalan Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia
12, Jalan Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 6
|
RM 300,000
|
RM 422
|
710 sqft
|
|
|
|
Level 3
|
RM 310,000
|
RM 436
|
710 sqft
|
|
|
|
Level 7
|
RM 340,000
|
RM 479
|
710 sqft
|
|
|
|
Level 10
|
RM 350,000
|
RM 493
|
710 sqft
|
|
|
|
Level 13
|
RM 300,000
|
RM 422
|
710 sqft
|
|
|
|
Level 14
|
RM 330,000
|
RM 465
|
710 sqft
|
|
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Market Snapshot
ResidentialRM 335,000
RM 472 psfMedian transaction price
12, Jalan Bayan, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsDesa Bayan in Barat Daya, Penang recorded 16 subsale transactions in 2023, with a median price of RM 335K and a median price per square foot (PSF) of RM 472.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 335K, with most transactions falling within a stable range of RM 313K to RM 357K, and a typical market range of RM 309K to RM 361K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 472, with most transactions between RM 441 and RM 503. The usual range is RM 435.18 to RM 507.93, showing that most units are priced quite close to each other. With an IQR of RM 72.75 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.