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 24
|
RM400,000
|
RM590
|
678 sqft
|
|
|
|
Level 8
|
RM365,000
|
RM538
|
678 sqft
|
|
|
|
Level 18
|
RM350,000
|
RM516
|
678 sqft
|
|
Selling in The Promenade? Homes here sold for a median of RM365,000.
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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
ResidentialRM365,000
RM538 psfMedian transaction price
Does THE PROMENADE rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe Promenade in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM365K and a median price per square foot (PSF) of RM538.
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 RM365K, with most transactions falling within a stable range of RM350K to RM386K, and a typical market range of RM350K to RM400K.
Most transactions involved low-cost houselow-cos, with minimal variety in property types.
For price per square foot, the median is RM538, with most transactions between RM507 and RM569. The usual range is RM493.49 to RM582.99, showing that most units are priced quite close to each other. With an IQR of RM89.50 and MAD of RM31, 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.