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 2
|
RM800,000
|
RM572
|
1,399 sqft
|
|
Office |
|
Level 3
|
RM700,000
|
RM500
|
1,399 sqft
|
|
Office |
| 2023 | |||||
|
Level 2
|
RM800,000
|
RM572
|
1,399 sqft
|
|
Shop |
| 2022 | |||||
|
Level 2
|
RM1,000,000
|
RM715
|
1,399 sqft
|
|
Shop |
|
Level 3
|
RM1,000,000
|
RM715
|
1,399 sqft
|
|
Shop |
| 2021 | |||||
|
Level 1
|
RM850,000
|
RM607
|
1,399 sqft
|
|
Shop |
|
Level 2
|
RM850,000
|
RM607
|
1,399 sqft
|
|
Shop |
Selling in Bayan Megamall/ Bay Avenue? Homes here sold for a median of RM850,000.
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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
CommercialRM850,000
RM607 psfMedian transaction price
Bay Avenue, Bayan Lepas, Pulau Pinang, Malaysia
MapsBayan Megamall/ Bay Avenue in Barat Daya, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 sqft, with a median price of RM850K and a median price per square foot (PSF) of RM607.
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 RM850K, with most transactions falling within a stable range of RM748K to RM952K, and a typical market range of RM700K to RM1.00 million.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
The median PSF stands at RM607, with core pricing between RM535 and RM680. Market pricing typically extends from RM319.69 to RM895.19, reflecting moderate variation in unit pricing. With an IQR of RM575.50 and MAD of RM73, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.