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 apartment units available at this project with built-up from 1,465 sf for apartment units and 1,200 sf to 3,456 sf for retail units. It was developed by SEAL Inc Bhd with a launch price at around RM350 psf for apartment 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 6 real estate projects in Malaysia. Other similar projects by the same developer are Elit Avenue, Elit Heights, North Avenue, Sapphire and Villa Sri Melati.
This integrated office, residential & retail hub has some amenities nearby, for example hospitals and universities. The following are some main hospitals here:
- Manjit's Homeopathic Medical Center
- Pantai Hospital
The current market prices for Bayan City are from RM640,000 (about RM440 psf) for apartment units and RM1,200,000 to RM3,110,000 (about RM770 psf) for retail units; while the monthly rentals are from RM1,800 (about RM1.23 psf) for apartment units and RM2,200 to RM5,000 (about RM4.55 psf) for retail units. The highest median price psf ever recorded was RM580 psf in Q2 2013 (Apartment) and RM947 psf in Q4 2016 (Retail); while the lowest one was RM350 psf in Q1 2011 (Apartment) and RM688 psf in Q1 2015 (Retail).
The current rental yield of Bayan City is 3.32% for apartment units. The highest rental yield ever recorded was 4.84% in Q4 2016 (Apartment); while the lowest one was 2.88% in Q1 2014 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Bayan City for apartment units is 3-bedroom / 1,465 sf with a median price of RM440 psf. For price wise, the most expensive one is 3-bedroom / 1,465 sf with a median price of RM440 psf; while the cheapest one is 3-bedroom / 1,465 sf with a median price of RM440 psf.
Lastly, the most popular layout and size combination at Bayan City for retail units is 1,661 sf with a median price of RM770 psf. For price wise, the most expensive one is 1,300 sf with a median price of RM1,000 psf; while the cheapest one is 1,661 sf with a median price of RM770 psf.
Latest Bayan City for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 20-Jan-19 | Condominium | 1,413 sf | RM650,000 |
| 18-Jan-19 | Condominium | 1,000 sf | RM500,000 |
| 18-Jan-19 | Condominium | 1,465 sf | RM650,000 |
| 18-Jan-19 | Condominium | 1,123 sf | RM680,000 |
| 18-Jan-19 | Condominium | 1,465 sf | RM705,000 |
| 18-Jan-19 | Condominium | 1,600 sf | RM750,000 |
| 18-Jan-19 | Condominium | 1,460 sf | RM685,000 |
| 18-Jan-19 | Condominium | 1,465 sf | RM600,000 |
| 17-Jan-19 | Condominium | 1,465 sf | RM600,000 |
| 16-Jan-19 | Condominium | 2,636 sf | RM1,180,000 |
Latest Bayan City for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Room In Apartment | -NA- | RM650 |
| Today | Condominium | -NA- | RM1,900 |
| Yesterday | Room In Apartment | -NA- | RM500 |
| Yesterday | Condominium | 1,465 sf | RM1,900 |
| Yesterday | Room In Apartment | -NA- | RM400 |
| Yesterday | Room In Apartment | -NA- | RM400 |
| Yesterday | Room | -NA- | RM400 |
| 17-Jan-19 | Condominium | 1,123 sf | RM1,700 |
| 17-Jan-19 | Room In Apartment | -NA- | RM380 |
| 17-Jan-19 | Room In Apartment | -NA- | RM600 |