Queensbay Mall
100, Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
100, Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM13,029,000
|
RM10,346
|
1,259 sqft
|
|
Selling in Queensbay Mall? Homes here sold for a median of RM3,235,000.
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Queensbay Mall
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM3,235,000
RM4,242 psfMedian transaction price
100, Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsQueensbay Mall in Barat Daya, Penang recorded 5 subsale transactions in 2022, with a median price of RM3.24 million and a median price per square foot (PSF) of RM4,242.
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 RM3.24 million, with most transactions falling within a stable range of RM1.32 million to RM7.38 million, and a typical market range of RM2.20 million to RM4.27 million.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM4,242, though individual units vary from RM1,309 to RM7,174 in the core range. The broader market spans RM3,132.80 to RM5,350.30, indicating diverse property characteristics. A wider spread (IQR: RM2,217.50) and deviation (MAD: RM2,933) 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.