PUSAT BANDAR BAYAN BARU

PUSAT BANDAR BAYAN BARU in Barat Daya, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 4.55 million and a median price per square foot (PSF) of RM 835.

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 4.55 million, with most transactions falling within a stable range of RM 900K to RM 8.20 million, and a typical market range of RM 2.55 million to RM 6.55 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM 835, with core pricing between RM 740 and RM 930. Market pricing typically extends from RM 694.50 to RM 975.50, reflecting moderate variation in unit pricing. With an IQR of RM 281.00 and MAD of RM 95, 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.