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
| LIST.MY · Bayan Point | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2023 | |||||
|
Level 1
|
RM345,000
|
RM368
|
936 sqft
|
|
Office |
|
Level 1
|
RM2,000,000
|
RM478
|
4,187 sqft
|
|
Shop |
|
Level 2
|
RM500,000
|
RM231
|
2,164 sqft
|
|
Shop |
Posts about Bayan Point
No posts about Bayan Point yet. Be the first to share what’s happening here.
Nearby areas in 12
Bayan Baru
Ideal Vision Park @ Tree Sparina
Mutiara Perdana
Taman Sri Nibong
I-Park
Setia Pulau Mutiara
Arasia Perdana (The Clovers)
Mahsuri Square
Bayan City / Elite Height
Desa Bayan
Taman Tunas Damai
Queens Residences Q1 @ Queens Waterfront
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
CommercialRM500,000
RM368 psfMedian transaction price
Bayan Point, 19, Medan Kampung Relau, Kampung Seberang Paya, 11900 Bayan Lepas, Penang, Malaysia
MapsBayan Point in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM500K and a median price per square foot (PSF) of RM368.
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 RM500K, with most transactions falling within a stable range of RM345K to RM1.25 million, and a typical market range of RM440K to RM560K.
Most transactions involved office lot, though some variety exists in the market.
Price per square foot shows a median of RM368, though individual units vary from RM268 to RM469 in the core range. The broader market spans RM333.41 to RM403.41, indicating diverse property characteristics. A wider spread (IQR: RM70.00) and deviation (MAD: RM101) indicate significant PSF variations, likely due to diverse property types or conditions.
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.