Queensbay Mall

100, Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM1,350,000
PSF
RM2,323
Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
Shop
RM1,250,000
Level 3
581 sqft · RM2,151 PSF
RM1,450,000
Level 1
581 sqft · RM2,495 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM1,350,000

RM2,323 psf

Median transaction price

Queensbay Mall
© OpenStreetMap · CARTO

100, Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Queensbay Mall in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM1.35 million and a median price per square foot (PSF) of RM2,323.

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 RM1.35 million, with most transactions falling within a stable range of RM1.25 million to RM1.45 million, and a typical market range of RM1.25 million to RM1.45 million.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM2,323, with most transactions between RM2,151 and RM2,495. The usual range is RM1,213.83 to RM3,431.33, showing that most units are priced quite close to each other. With an IQR of RM2,217.50 and MAD of RM172, 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.