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
| LIST.MY · The Promenade | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 23
|
RM470,000
|
RM480
|
980 sqft
|
|
Condo |
|
Level 27
|
RM440,000
|
RM449
|
980 sqft
|
|
Condo |
|
Level 9
|
RM480,000
|
RM474
|
1,012 sqft
|
|
Condo |
| 2023 | |||||
|
Level 7
|
RM495,000
|
RM489
|
1,012 sqft
|
|
Condo |
|
Level 27
|
RM589,000
|
RM582
|
1,012 sqft
|
|
Condo |
| 2022 | |||||
|
Level 21
|
RM480,000
|
RM474
|
1,012 sqft
|
|
Condo |
|
Level 24
|
RM500,000
|
RM494
|
1,012 sqft
|
|
Condo |
| 2021 | |||||
|
Level 20
|
RM440,000
|
RM435
|
1,012 sqft
|
|
Condo |
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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
ResidentialRM480,000
RM477 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 8 subsale transactions between 2021 and 2026, sized between 975 and 1,024 sqft, with a median price of RM480K and a median price per square foot (PSF) of RM477.
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 RM480K, with most transactions falling within a stable range of RM440K to RM524K, and a typical market range of RM440K to RM536K.
Most transactions involved low-cost houselow-cos, with minimal variety in property types.
For price per square foot, the median is RM477, with most transactions between RM436 and RM518. The usual range is RM432.36 to RM521.86, showing that most units are priced quite close to each other. With an IQR of RM89.50 and MAD of RM41, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.