Bayan City / Elite Height

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

Property Transactions

5 subsales grouped by size

Median
RM650,000
PSF
RM461
Price Size
Period
transactions middle 50% (P25–P75)
1,050 sqft
Serviced Apt
RM570,000
Level 12
1,055 sqft · RM540 PSF
1,400 sqft
Serviced Apt
RM650,000
Level 12
1,410 sqft · RM461 PSF
1,450 sqft
Serviced Apt
RM650,000
Level 23
1,475 sqft · RM441 PSF
RM720,000
Level 12
1,432 sqft · RM503 PSF
1,650 sqft
Serviced Apt
RM660,000
Level 11
1,647 sqft · RM401 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 5 subsale transactions in 2024, with a median price of RM650K and a median price per square foot (PSF) of RM461.

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 RM650K, with most transactions falling within a stable range of RM602K to RM698K, and a typical market range of RM608K to RM692K.

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

The median PSF stands at RM461, with core pricing between RM412 and RM509. Market pricing typically extends from RM420.60 to RM501.35, reflecting moderate variation in unit pricing. With an IQR of RM80.75 and MAD of RM49, 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.