BandingHouse

Bayan Baru

Barat Daya, Penang · High-rise (condo, apartment, flat) · Leasehold

Homes in Bayan Baru have sold for a median of

RM206,000

RM370 psf on the recorded floor area

RM158,500median RM206,000RM500,000

Half of the 274 recorded sales fell between RM158,500 and RM500,000. One in ten went under RM130,000, one in ten over RM687,000. Sales run from 1 February 2021 to 24 December 2025.

Up 14% from a RM180,000 median in 2021 to RM205,000 in 2025.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Leasehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM180,000RM345 psf32
2022RM230,000RM370 psf74
2023RM260,000RM391 psf69
2024RM200,000RM369 psf70
2025RM205,000RM389 psf29

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Barat Daya with enough recorded sales, cheapest first. By median sold price, Bayan Baru sits 11 of 64 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Bayan Baru’s own median is RM206,000 — lower than that state median. Full Penang table.

Cash and monthly on the RM206,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM20,600
  • Transfer duty (MOT): RM3,120
  • Loan duty (0.5%): RM927
  • Total cash: RM24,647
  • Qualifying first home: RM20,600 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM821
  • Total monthly: RM821

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Bayan Baru sold for?
A median of RM206,000 (RM370 psf), from 274 land-office transactions between 1 February 2021 and 24 December 2025.
What is a typical band here?
Half of recorded sales fell between RM158,500 and RM500,000. One in ten went under RM130,000; one in ten over RM687,000.
Has the median moved?
From RM180,000 in 2021 to RM205,000 in 2025 (+14%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.