PUSAT BANDAR BAYAN BARU

Area Intelligence
Median Price
RM 900,000
PSF: RM 740

Commercial PSF Trends

Median Price

RM 900,000

RM 740 PSF

PUSAT BANDAR BAYAN BARU in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 900K and a median price per square foot (PSF) of RM 740.

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 900K, with most transactions falling within a stable range of RM 210K to RM 1.59 million, and a typical market range of RM 210K to RM 2.90 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 740, though individual units vary from RM 550 to RM 930 in the core range. The broader market spans RM 599.50 to RM 880.50, indicating diverse property characteristics. A wider spread (IQR: RM 281.00) and deviation (MAD: RM 190) 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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PUSAT BANDAR BAYAN BARU, Barat Daya, Penang

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Transactions

3 transactions grouped by size

550 sqft
Office Lot
RM 210,000
Level 1
570 sqft · RM 368 PSF
1,200 sqft
Double Storey Shop
RM 900,000
LORONG MAHSURI 7
1,216 sqft · RM 740 PSF
8,800 sqft
Double Storey Shop
RM 8,200,000
JALAN MAYANG PASIR 1
8,816 sqft · RM 930 PSF

No Properties For Sale

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

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