Bayan City / Elite Height
5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 28
|
RM1,000,000
|
RM392
|
2,551 sqft
|
|
Serviced Apt |
|
Level 2
|
RM1,400,000
|
RM551
|
2,540 sqft
|
|
Office |
|
Level 3
|
RM950,000
|
RM374
|
2,540 sqft
|
|
Office |
|
Level 28
|
RM1,250,000
|
RM413
|
3,025 sqft
|
|
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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
Market Snapshot
CommercialRM1,175,000
RM463 psfMedian transaction price
5, Lorong Semarak Api 1, Bandar Baru Air Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsBayan City / Elite Height in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 2,000 and 5,000 sqft, with a median price of RM1.13 million and a median price per square foot (PSF) of RM403.
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 RM1.13 million, with most transactions falling within a stable range of RM950K to RM1.31 million, and a typical market range of RM1.08 million to RM1.17 million.
Most transactions involved serviced apartment, though some variety exists in the market.
The median PSF stands at RM403, with core pricing between RM333 and RM472. Market pricing typically extends from RM362.26 to RM443.01, reflecting moderate variation in unit pricing. The spread of RM80.75 (IQR) and deviation of RM70 (MAD) suggest moderate price variations reflecting different property features.
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.