The Promenade

5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

4 subsales found

Median
RM584,000
PSF
RM452
Price Size
Period
transactions middle 50% (P25–P75)
RM570,000
Level 8
1,292 sqft RM441 PSF
RM598,000
Level 18
1,292 sqft RM463 PSF
RM570,000
Level 11
1,292 sqft RM441 PSF
RM725,000
Level 27
1,292 sqft RM561 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM584,000

RM452 psf

Median transaction price

Average

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5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Maps

The Promenade in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM584K and a median price per square foot (PSF) of RM452.

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 RM584K, with most transactions falling within a stable range of RM570K to RM648K, and a typical market range of RM570K to RM640K.

Most transactions involved low-cost houselow-cos, with minimal variety in property types.

The median PSF stands at RM452, with core pricing between RM403 and RM502. Market pricing typically extends from RM407.38 to RM496.88, reflecting moderate variation in unit pricing. With an IQR of RM89.50 and MAD of RM50, 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.