Bayan City, Bayan Baru

Bayan City is a freehold integrated office, residential & retail hub located in Bayan Baru, Bayan Lepas. It consists of Elit Avenue and Elit Heights. There are 600 condominium units available at this project with built-up from 1,011 sf to 2,500 sf for condominium units and 870 sf to 1,182 sf for offices. It was developed by SEAL Inc Bhd with a launch price at around RM350 psf for condominium units, and was completed in about 2013.

SEAL Inc Bhd is a medium-sized real estate company listed on KLSE, and it has constructed around 7 real estate projects in Malaysia. Other similar projects by the same developer are Elit Avenue, Elit Heights, North Avenue, Queensville, Sapphire and Villa Sri Melati.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
1,011 sf - 2,500 sf (Condominium)
870 sf - 1,182 sf (Office)
Market Price
RM540,000 - RM1,100,000 (Condominium)
RM640,000 - RM950,000 (Office)
Density
600 Condominiums
Completed In
2013
Developer
Launch Price
RM350 psf (Condominium)

This integrated office, residential & retail hub has some amenities nearby, for example hospitals and universities.

The current rental yield of Bayan City is 3.39% for condominium units. The highest rental yield ever recorded was 4.41% in Q4 2016 (condominium); while the lowest one was 2.88% in Q1 2014 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at Bayan City for condominium units is 3-bedroom / 1,465 sf with a median price of RM440 psf. For price wise, the most expensive one is 2-bedroom / 1,011 sf with a median price of RM530 psf; while the cheapest one is Studio / 1,378 sf with a median price of RM430 psf.

Office Layouts

Meanwhile, the most popular layout and size (built-up) combination at Bayan City for offices is 870 sf with a median price of RM740 psf. For price wise, the most expensive one is 1,182 sf with a median price of RM800 psf; while the cheapest one is 870 sf with a median price of RM740 psf.

Latest Bayan City for sale listings:

DateTypeBuilt-upPrice
26 Nov 2022Shop-Office900 sfRM638,000
11 Sep 2022Condominium1,535 sfRM750,000
19 Mar 2022Townhouse1,826 sfRM307,000
26 Jan 2022Condominium1,572 sfRM670,000
26 Jan 2022Condominium1,465 sfRM639,000
25 Jan 2022Condominium1,465 sfRM608,000
14 Jan 2022Condominium1,465 sfRM620,000
14 Jan 2022Condominium1,123 sfRM638,000
13 Jan 2022Condominium1,465 sfRM618,000
13 Jan 2022Condominium1,465 sfRM630,000

Latest Bayan City for rent listings:

DateTypeBuilt-upRental
TodayMedium Room-NA-RM650
TodaySingle Room-NA-RM680
TodaySingle Room-NA-RM550
TodayCondominium300 sfRM450
28 Nov 2022Single Room-NA-RM650
3 Oct 2022Medium Room-NA-RM695
22 Apr 2022Master Room-NA-RM950
14 Apr 2022Master Room-NA-RM950
24 Feb 2022Medium Room-NA-RM675
24 Jan 2022Single Room-NA-RM547
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