Bayan City / Elite Height

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

Property Transactions

17 subsales grouped by size

Median
RM605,000
PSF
RM439
Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
Serviced Apt
RM520,000
Level 16
980 sqft · RM531 PSF
RM515,000
Level 21
980 sqft · RM526 PSF
RM530,000
Level 12
980 sqft · RM541 PSF
1,050 sqft
Serviced Apt
RM555,000
Level 18
1,055 sqft · RM526 PSF
1,350 sqft
Serviced Apt
RM608,000
Level 21
1,367 sqft · RM445 PSF
RM600,000
Level 9
1,367 sqft · RM439 PSF
RM640,000
Level 17
1,410 sqft · RM454 PSF
RM605,000
Level 12
1,378 sqft · RM439 PSF
RM610,000
Level 15
1,408 sqft · RM433 PSF
RM560,000
Level 26
1,410 sqft · RM397 PSF
RM585,000
Level 8
1,410 sqft · RM415 PSF
RM615,000
Level 25
1,410 sqft · RM436 PSF
1,500 sqft
Serviced Apt
RM720,000
Level 17
1,496 sqft · RM481 PSF
1,550 sqft
Serviced Apt
RM550,000
Level 3
1,539 sqft · RM357 PSF
RM800,000
Level 2
1,550 sqft · RM516 PSF
1,650 sqft
Serviced Apt
RM720,000
Level 20
1,647 sqft · RM437 PSF
3,000 sqft
Serviced Apt
RM1,250,000
Level 28
3,025 sqft · RM413 PSF
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Market Snapshot

Commercial

RM610,000

RM433 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 17 subsale transactions in 2023, with a median price of RM605K and a median price per square foot (PSF) of RM439.

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 RM515K to RM773K, and a typical market range of RM563K to RM647K.

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

The median PSF stands at RM439, with core pricing between RM387 and RM491. Market pricing typically extends from RM398.74 to RM479.49, reflecting moderate variation in unit pricing. With an IQR of RM80.75 and MAD of RM52, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.