The Promenade
5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 23
|
RM470,000
|
RM480
|
980 sqft
|
|
|
|
Level 27
|
RM440,000
|
RM449
|
980 sqft
|
|
Selling in The Promenade? Homes here sold for a median of RM470,000.
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The Promenade
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
ResidentialRM470,000
RM480 psfMedian transaction price
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5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe Promenade in Barat Daya, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM470K and a median price per square foot (PSF) of RM480.
This area contains both residential and commercial properties. View 24 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM470K, with most transactions falling within a stable range of RM414K to RM526K, and a typical market range of RM414K to RM526K.
Most transactions involved low-cost houselow-cos, with minimal variety in property types.
The median PSF stands at RM480, with core pricing between RM419 and RM541. Market pricing typically extends from RM435.08 to RM524.58, reflecting moderate variation in unit pricing. With an IQR of RM89.50 and MAD of RM61, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.