Queensbay Mall
100, Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
100, Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM1,250,000
|
RM2,151
|
581 sqft
|
|
|
|
Level 1
|
RM1,450,000
|
RM2,495
|
581 sqft
|
|
|
Level G
|
RM13,029,000
|
RM10,346
|
1,259 sqft
|
|
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Queensbay Mall
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM2,309,000
RM2,687 psfMedian transaction price
100, Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsQueensbay Mall in Barat Daya, Penang recorded 8 subsale transactions between 2021 and 2026, with a median price of RM2.31 million and a median price per square foot (PSF) of RM2,803.
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 RM2.31 million, with most transactions falling within a stable range of RM1.29 million to RM3.33 million, and a typical market range of RM1.28 million to RM3.34 million.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM2,803, though individual units vary from RM2,239 to RM3,367 in the core range. The broader market spans RM1,694.27 to RM3,911.77, indicating diverse property characteristics. The spread of RM2,217.50 (IQR) and deviation of RM564 (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.