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
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The Promenade
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM500,000
RM451 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 1 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM500K and a median price per square foot (PSF) of RM451.
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.
Most transactions involved low-cost houselow-cos, with minimal variety in property types.
For price per square foot, the median is RM451, with most transactions between RM451 and RM451. The usual range is RM406.24 to RM495.74, showing that most units are priced quite close to each other. With an IQR of RM89.50 and MAD of RM0, 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.