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 24
|
RM400,000
|
RM590
|
678 sqft
|
|
Condo |
|
Level 8
|
RM570,000
|
RM441
|
1,292 sqft
|
|
Condo |
|
Level 23
|
RM470,000
|
RM480
|
980 sqft
|
|
Condo |
|
Level 27
|
RM440,000
|
RM449
|
980 sqft
|
|
Condo |
|
Level 15
|
RM480,000
|
RM564
|
850 sqft
|
|
Condo |
|
Level 18
|
RM500,000
|
RM553
|
904 sqft
|
|
Condo |
|
Level 21
|
RM500,000
|
RM553
|
904 sqft
|
|
Condo |
|
Level 9
|
RM480,000
|
RM474
|
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
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Market Snapshot
ResidentialRM480,000
RM516 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 in 2024, with a median price of RM480K and a median price per square foot (PSF) of RM516.
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 RM434K to RM526K, and a typical market range of RM424K to RM536K.
Most transactions involved low-cost houselow-cos, with minimal variety in property types.
The median PSF stands at RM516, with core pricing between RM462 and RM571. Market pricing typically extends from RM471.66 to RM561.16, reflecting moderate variation in unit pricing. With an IQR of RM89.50 and MAD of RM54, 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.