Bayan Point
19, Medan Kampung Relau, Kampung Seberang Paya, 11900 Bayan Lepas, Penang, Malaysia
19, Medan Kampung Relau, Kampung Seberang Paya, 11900 Bayan Lepas, Penang, Malaysia
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Bayan Point
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
CommercialRM410,000
RM406 psfMedian transaction price
Bayan Point, 19, Medan Kampung Relau, Kampung Seberang Paya, 11900 Bayan Lepas, Penang, Malaysia
MapsBayan Point in Barat Daya, Penang recorded 0 subsale transactions in 2022, with a median price of RM410K and a median price per square foot (PSF) of RM406.
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 RM410K, with most transactions falling within a stable range of RM345K to RM475K, and a typical market range of RM350K to RM470K.
Most transactions involved office lot, though some variety exists in the market.
For price per square foot, the median is RM406, with most transactions between RM368 and RM444. The usual range is RM371.00 to RM441.00, showing that most units are priced quite close to each other. With an IQR of RM70.00 and MAD of RM38, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.