Bayan City / Elite Height

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

Property Transactions

27 subsales grouped by size

Median
RM620,000
PSF
RM443
Price Size
Period
transactions middle 50% (P25–P75)
900 sqft
Office
RM465,000
Level 3
883 sqft · RM527 PSF
1,050 sqft
Serviced Apt
RM595,000
Level 10
1,066 sqft · RM558 PSF
RM680,000
Level 24
1,055 sqft · RM645 PSF
RM600,000
Level 12
1,066 sqft · RM563 PSF
RM560,000
Level 16
1,066 sqft · RM526 PSF
1,350 sqft
Office
RM650,000
Level 3
1,335 sqft · RM487 PSF
1,400 sqft
Serviced Apt
RM600,000
Level 16
1,410 sqft · RM426 PSF
RM589,000
Level 17
1,410 sqft · RM418 PSF
RM650,000
Level 11
1,410 sqft · RM461 PSF
RM624,000
Level 27
1,410 sqft · RM443 PSF
RM509,000
Level 16
1,410 sqft · RM361 PSF
RM580,000
Level 27
1,378 sqft · RM421 PSF
+6 more
1,450 sqft
Serviced Apt
RM720,000
Level 11
1,432 sqft · RM503 PSF
RM680,000
Level 21
1,432 sqft · RM475 PSF
1,500 sqft
Serviced Apt
RM620,000
Level 8
1,496 sqft · RM414 PSF
RM590,000
Level 3
1,568 sqft · RM376 PSF
RM780,000
Level 3
1,539 sqft · RM507 PSF
1,650 sqft
Serviced Apt
RM708,000
Level 23
1,647 sqft · RM430 PSF
1,750 sqft
Office
RM1,240,000
Level 1
1,765 sqft · RM702 PSF
2,550 sqft
Office
RM1,400,000
Level 2
2,540 sqft · RM551 PSF
RM950,000
Level 3
2,540 sqft · RM374 PSF
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Market Snapshot

Commercial

RM865,000

RM517 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 27 subsale transactions in 2022, with a median price of RM620K and a median price per square foot (PSF) of RM443.

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 RM620K, with most transactions falling within a stable range of RM465K to RM821K, and a typical market range of RM578K to RM662K.

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

The median PSF stands at RM443, with core pricing between RM365 and RM521. Market pricing typically extends from RM402.87 to RM483.62, reflecting moderate variation in unit pricing. The spread of RM80.75 (IQR) and deviation of RM78 (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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.