Bayan Baru
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
| LIST.MY · Bayan Baru | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Lorong Mahsuri 2
|
RM1,890,000
|
RM1,133
|
1,668 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Jalan Sungai Nibung
|
RM600,000
|
RM364
|
1,647 sqft
|
|
Terrace |
|
Lorong Mahsuri 4
|
RM900,000
|
RM539
|
1,668 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Mahsuri 2
|
RM1,380,000
|
RM827
|
1,668 sqft
|
|
2-Sty Terrace |
| 2021 | |||||
|
Lorong Mahsuri 2
|
RM1,220,000
|
RM731
|
1,668 sqft
|
|
2-Sty Terrace |
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
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Market Snapshot
ResidentialRM1,220,000
RM731 psfMedian transaction price
Bayan Baru, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsBayan Baru in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 1,625 and 1,674 sqft, with a median price of RM1.22 million and a median price per square foot (PSF) of RM731.
This area contains both residential and commercial properties. View 267 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.22 million, with most transactions falling within a stable range of RM782K to RM1.66 million, and a typical market range of RM1.05 million to RM1.39 million.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM731, though individual units vary from RM470 to RM992 in the core range. The broader market spans RM678.24 to RM784.24, indicating diverse property characteristics. A wider spread (IQR: RM106.00) and deviation (MAD: RM261) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.