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 8
|
RM600,000
|
RM419
|
1,432 sqft
|
|
|
|
Level 17
|
RM644,000
|
RM450
|
1,432 sqft
|
|
|
Level 26
|
RM605,000
|
RM404
|
1,496 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM780,000
RM507 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 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.