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 18
|
RM 500,000
|
RM 553
|
904 sqft
|
|
|
|
Level 21
|
RM 500,000
|
RM 553
|
904 sqft
|
|
|
Level 23
|
RM 470,000
|
RM 480
|
980 sqft
|
|
|
|
Level 27
|
RM 440,000
|
RM 449
|
980 sqft
|
|
|
|
Level 9
|
RM 480,000
|
RM 474
|
1,012 sqft
|
|
|
|
Level 7
|
RM 495,000
|
RM 489
|
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
|
|
Posts about The Promenade
Log in to post about The PromenadeNo posts about The Promenade yet. Be the first to share what’s happening here.
Promote your property to visitors of this page
Market Snapshot
ResidentialRM 487,500
RM 487 psfMedian transaction price
5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe Promenade in Barat Daya, Penang recorded 14 subsale transactions between 2021 and 2026, with a median price of RM 488K and a median price per square foot (PSF) of RM 487.
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 488K, with most transactions falling within a stable range of RM 413K to RM 562K, and a typical market range of RM 432K to RM 543K.
Most transactions involved low-cost houselow-cos, with minimal variety in property types.
For price per square foot, the median is RM 487, with most transactions between RM 439 and RM 534. The usual range is RM 441.80 to RM 531.30, showing that most units are priced quite close to each other. With an IQR of RM 89.50 and MAD of RM 48, 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. Limited transaction history suggests carefully evaluating comparable sales data.