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 18
|
RM500,000
|
RM553
|
904 sqft
|
|
Condo |
|
Level 21
|
RM500,000
|
RM553
|
904 sqft
|
|
Condo |
|
Level G
|
RM851,000
|
RM941
|
904 sqft
|
|
Shop |
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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
ResidentialRM500,000
RM553 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 3 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM500K and a median price per square foot (PSF) of RM553.
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 RM500K, with most transactions falling within a stable range of RM500K to RM665K, and a typical market range of RM500K to RM556K.
Most transactions involved low-cost houselow-cos, with minimal variety in property types.
Price per square foot shows a median of RM553, though individual units vary from RM370 to RM736 in the core range. The broader market spans RM508.24 to RM597.74, indicating diverse property characteristics. A wider spread (IQR: RM89.50) and deviation (MAD: RM183) indicate significant PSF variations, likely due to diverse property types or conditions.
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.