Bayan Megamall/ Bay Avenue
Bay Avenue, Bayan Lepas, Pulau Pinang, Malaysia
Bay Avenue, Bayan Lepas, Pulau Pinang, Malaysia
| LIST.MY · Bayan Megamall/ Bay Avenue | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 1
|
RM1,500,000
|
RM1,327
|
1,130 sqft
|
|
Shop |
| 2022 | |||||
|
Level 1
|
RM1,850,000
|
RM1,621
|
1,141 sqft
|
|
Shop |
| 2021 | |||||
|
Level G
|
RM2,000,000
|
RM1,753
|
1,141 sqft
|
|
Shop |
Selling in Bayan Megamall/ Bay Avenue? Homes here sold for a median of RM1,850,000.
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Bayan Megamall/ Bay Avenue
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
Market Snapshot
CommercialRM1,850,000
RM1,621 psfMedian transaction price
Bay Avenue, Bayan Lepas, Pulau Pinang, Malaysia
MapsBayan 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.