The Promenade
5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 24
|
RM 400,000
|
RM 590
|
678 sqft
|
|
|
|
Level 8
|
RM 365,000
|
RM 538
|
678 sqft
|
|
|
|
Level 18
|
RM 350,000
|
RM 516
|
678 sqft
|
|
|
Level 15
|
RM 480,000
|
RM 564
|
850 sqft
|
|
|
|
Level 16
|
RM 500,000
|
RM 588
|
850 sqft
|
|
|
|
Level 9
|
RM 430,000
|
RM 506
|
850 sqft
|
|
|
Level 21
|
RM 500,000
|
RM 553
|
904 sqft
|
|
Condo |
|
Level 18
|
RM 500,000
|
RM 553
|
904 sqft
|
|
Condo |
|
Level G
|
RM 851,000
|
RM 941
|
904 sqft
|
|
Shop |
|
Level 27
|
RM 440,000
|
RM 449
|
980 sqft
|
|
|
|
Level 23
|
RM 470,000
|
RM 480
|
980 sqft
|
|
|
|
Level 9
|
RM 480,000
|
RM 474
|
1,012 sqft
|
|
|
|
Level 7
|
RM 495,000
|
RM 489
|
1,012 sqft
|
|
|
|
Level 27
|
RM 589,000
|
RM 582
|
1,012 sqft
|
|
|
|
Level 21
|
RM 480,000
|
RM 474
|
1,012 sqft
|
|
|
|
Level 24
|
RM 500,000
|
RM 494
|
1,012 sqft
|
|
|
|
Level 20
|
RM 440,000
|
RM 435
|
1,012 sqft
|
|
|
Level 8
|
RM 570,000
|
RM 441
|
1,292 sqft
|
|
|
|
Level 18
|
RM 598,000
|
RM 463
|
1,292 sqft
|
|
|
|
Level 11
|
RM 570,000
|
RM 441
|
1,292 sqft
|
|
|
|
Level 27
|
RM 725,000
|
RM 561
|
1,292 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 492 psfMedian transaction price
5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe Promenade in Barat Daya, Penang recorded 26 subsale transactions between 2021 and 2026, with a median price of RM 500K and a median price per square foot (PSF) of RM 516.
This area contains both residential and commercial properties. View 24 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 430K to RM 570K, and a typical market range of RM 444K to RM 556K.
Most transactions involved low-cost houselow-cos, with minimal variety in property types.
For price per square foot, the median is RM 516, with most transactions between RM 468 and RM 565. The usual range is RM 471.38 to RM 560.88, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.