Bayan Megamall/ Bay Avenue

Bay Avenue, Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

1 subsales found

Median
RM1,300,000
PSF
RM1,161

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM1,300,000
Level 1
1,119 sqft RM1,161 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM1,300,000

RM1,161 psf

Median transaction price

Bayan Megamall/ Bay Avenue
© OpenStreetMap · CARTO

Bay Avenue, Bayan Lepas, Pulau Pinang, Malaysia

Maps

Bayan Megamall/ Bay Avenue in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM1.30 million and a median price per square foot (PSF) of RM1,161.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

For price per square foot, the median is RM1,161, with most transactions between RM1,161 and RM1,161. The usual range is RM873.53 to RM1,449.03, showing that most units are priced quite close to each other. With an IQR of RM575.50 and MAD of RM0, 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.