Bayan Megamall/ Bay Avenue

Bay Avenue, Bayan Lepas, Pulau Pinang, Malaysia

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Selling in Bayan Megamall/ Bay Avenue? Homes here sold for a median of RM875,000.

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Market Snapshot

Commercial

RM875,000

RM643 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 0 subsale transactions in 2026, with a median price of RM875K and a median price per square foot (PSF) of RM643.

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 RM875K, with most transactions falling within a stable range of RM775K to RM975K, and a typical market range of RM556K to RM1.19 million.

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

The median PSF stands at RM643, with core pricing between RM563 and RM724. Market pricing typically extends from RM355.25 to RM930.75, reflecting moderate variation in unit pricing. With an IQR of RM575.50 and MAD of RM81, 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.