Bayan Megamall/ Bay Avenue

Bay Avenue, Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

3 subsales found

Median
RM1,850,000
PSF
RM1,621

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM1,500,000
Level 1
1,130 sqft RM1,327 PSF
RM1,850,000
Level 1
1,141 sqft RM1,621 PSF
RM2,000,000
Level G
1,141 sqft RM1,753 PSF
Legend Recent Highest Price Highest PSF

Selling in Bayan Megamall/ Bay Avenue? Homes here sold for a median of RM1,850,000.

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Market Snapshot

Commercial

RM1,850,000

RM1,621 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 3 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM1.85 million and a median price per square foot (PSF) of RM1,621.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.85 million, with most transactions falling within a stable range of RM1.64 million to RM2.00 million, and a typical market range of RM1.53 million to RM2.00 million.

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

The median PSF stands at RM1,621, with core pricing between RM1,443 and RM1,799. Market pricing typically extends from RM1,333.68 to RM1,909.18, reflecting moderate variation in unit pricing. With an IQR of RM575.50 and MAD of RM178, 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.