Bayan Megamall/ Bay Avenue in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,625 and 1,674 sqft, with a median price of RM850K and a median price per square foot (PSF) of RM523.

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 RM800K to RM900K, and a typical market range of RM800K to RM900K.

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

For price per square foot, the median is RM523, with most transactions between RM492 and RM554. The usual range is RM235.21 to RM810.71, showing that most units are priced quite close to each other. With an IQR of RM575.50 and MAD of RM31, 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.