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
RM492 psfMedian transaction price
Does THE PROMENADE rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
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5, Persiaran Mahsuri, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe Promenade in Barat Daya, Penang recorded 0 subsale transactions in 2026, with a median price of RM500K and a median price per square foot (PSF) of RM499.
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 RM430K to RM570K, and a typical market range of RM444K to RM556K.
Most transactions involved low-cost houselow-cos, with minimal variety in property types.
For price per square foot, the median is RM499, with most transactions between RM450 and RM547. The usual range is RM453.75 to RM543.25, showing that most units are priced quite close to each other. With an IQR of RM89.50 and MAD of RM49, 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.