Pusat Bandar Bayan Baru
Jalan Dato Ismail Hashim, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Jalan Dato Ismail Hashim, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Mahsuri 7
|
RM 900,000
|
RM 507
|
1,776 sqft
|
|
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Jalan Dato Ismail Hashim, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsPusat Bandar Bayan Baru in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM 555K and a median price per square foot (PSF) of RM 437.
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 555K, with most transactions falling within a stable range of RM 210K to RM 900K, and a typical market range of RM 210K to RM 900K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 437, with core pricing between RM 368 and RM 507. Market pricing typically extends from RM 296.92 to RM 577.92, reflecting moderate variation in unit pricing. The spread of RM 281.00 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.
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.