The Promenade

5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

26 subsales grouped by size · Condo →

Median
RM500,000
PSF
RM503
Period
transactions middle 50% (P25–P75)
700 sqft
Condo
RM400,000
Level 24
678 sqft · RM590 PSF
RM365,000
Level 8
678 sqft · RM538 PSF
RM350,000
Level 18
678 sqft · RM516 PSF
750 sqft
Shop
RM699,000
Level MZ
743 sqft · RM941 PSF
850 sqft
Condo
RM480,000
Level 15
850 sqft · RM564 PSF
RM500,000
Level 16
850 sqft · RM588 PSF
RM430,000
Level 9
850 sqft · RM506 PSF
RM500,000
Level 21
904 sqft · RM553 PSF
RM500,000
Level 18
904 sqft · RM553 PSF
RM851,000
Level G
904 sqft · RM941 PSF
1,000 sqft
Condo
RM440,000
Level 27
980 sqft · RM449 PSF
RM470,000
Level 23
980 sqft · RM480 PSF
RM480,000
Level 9
1,012 sqft · RM474 PSF
RM495,000
Level 7
1,012 sqft · RM489 PSF
RM589,000
Level 27
1,012 sqft · RM582 PSF
RM480,000
Level 21
1,012 sqft · RM474 PSF
RM500,000
Level 24
1,012 sqft · RM494 PSF
RM440,000
Level 20
1,012 sqft · RM435 PSF
1,100 sqft
Condo
RM500,000
Level 10
1,109 sqft · RM451 PSF
1,150 sqft
Condo
RM590,000
Level 22
1,173 sqft · RM503 PSF
1,200 sqft
Condo
RM570,000
Level 8
1,178 sqft · RM484 PSF
1,300 sqft
Condo
RM570,000
Level 8
1,292 sqft · RM441 PSF
RM598,000
Level 18
1,292 sqft · RM463 PSF
RM570,000
Level 11
1,292 sqft · RM441 PSF
RM725,000
Level 27
1,292 sqft · RM561 PSF
1,650 sqft
Condo
RM770,000
Level 20
1,647 sqft · RM468 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM500,000

RM492 psf

Median transaction price

Average

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5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Maps

The Promenade in Barat Daya, Penang recorded 26 subsale transactions between 2021 and 2026, with a median price of RM500K and a median price per square foot (PSF) of RM503.

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 RM500K, with most transactions falling within a stable range of RM430K to RM570K, and a typical market range of RM444K to RM556K.

Most transactions involved low-cost houselow-cos, with minimal variety in property types.

For price per square foot, the median is RM503, with most transactions between RM454 and RM551. The usual range is RM458.12 to RM547.62, showing that most units are priced quite close to each other. With an IQR of RM89.50 and MAD of RM49, 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.