Penang
Barat Daya
12
PUSAT BANDAR BAYAN BARU

PUSAT BANDAR BAYAN BARU

Area Intelligence

Office Lot

Median Price

RM 210,000

PSF: RM 368

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Commercial PSF Trends

Median Price

RM 210,000

RM 368 PSF

PUSAT BANDAR BAYAN BARU in Barat Daya, Penang recorded 1 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 210K 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.

Within the Office Lot category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 368, with most transactions between RM 368 and RM 368. The usual range is RM 227.50 to RM 508.50, showing that most units are priced quite close to each other. With an IQR of RM 281.00 and MAD of RM 0, 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.

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PUSAT BANDAR BAYAN BARU, Barat Daya, Penang

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