Bayan City / Elite Height

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

Property Transactions

3 subsales grouped by size

Median
RM605,000
PSF
RM419
Price Size
Period
transactions middle 50% (P25–P75)
1,450 sqft
Serviced Apt
RM600,000
Level 8
1,432 sqft · RM419 PSF
RM644,000
Level 17
1,432 sqft · RM450 PSF
1,500 sqft
Serviced Apt
RM605,000
Level 26
1,496 sqft · RM404 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 in 2021, with a median price of RM605K and a median price per square foot (PSF) of RM419.

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 RM605K, with most transactions falling within a stable range of RM600K to RM625K, and a typical market range of RM600K to RM644K.

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

For price per square foot, the median is RM419, with most transactions between RM400 and RM438. The usual range is RM378.74 to RM459.49, showing that most units are priced quite close to each other. With an IQR of RM80.75 and MAD of RM19, 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.