Bayan City / Elite Height

5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

3 subsales found

Median
RM520,000
PSF
RM531
Price Size
Period
transactions middle 50% (P25–P75)
RM520,000
Level 16
980 sqft RM531 PSF
RM515,000
Level 21
980 sqft RM526 PSF
RM530,000
Level 12
980 sqft RM541 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM780,000

RM507 psf

Median transaction price

Bayan City / Elite Height
© OpenStreetMap · CARTO

5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Bayan City / Elite Height in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 975 and 1,024 sqft, with a median price of RM520K and a median price per square foot (PSF) of RM531.

This area contains both residential and commercial properties. View 51 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM520K, with most transactions falling within a stable range of RM515K to RM526K, and a typical market range of RM515K to RM530K.

Most transactions involved serviced apartment, though some variety exists in the market.

For price per square foot, the median is RM531, with most transactions between RM525 and RM537. The usual range is RM490.50 to RM571.25, showing that most units are priced quite close to each other. With an IQR of RM80.75 and MAD of RM6, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.