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. 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.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
1,465 sf (Apartment)
Market Price
RM640,000 (Apartment)
Density
600 Apartments
Completed In
2013
Developer
Launch Price
RM350 psf (Apartment)

This integrated office, residential & retail hub has some amenities nearby, for example hospitals and universities. The following are some main hospitals here:

The current market prices for Bayan City are from RM640,000 (about RM440 psf) for apartment units; while the monthly rentals are from RM1,800 (about RM1.23 psf) for apartment units. The highest median price psf ever recorded was RM580 psf in Q2 2013 (Apartment); while the lowest one was RM350 psf in Q1 2011 (Apartment).

The current rental yield of Bayan City is 3.18% 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:

Apartment Layouts

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.

Latest Bayan City for sale listings:

DateTypeBuilt-upPrice
15-Mar-19Condominium1,495 sfRM680,000
13-Mar-19Condominium1,465 sfRM680,000
12-Mar-19Condominium1,700 sfRM900,000
12-Mar-19Condominium1,745 sfRM788,000
12-Mar-19Condominium2,500 sfRM1,250,000
05-Mar-19Condominium1,465 sfRM620,000
05-Mar-19Condominium1,465 sfRM650,000
05-Mar-19Condominium1,163 sfRM650,000
05-Mar-19Condominium1,480 sfRM628,000
04-Mar-19Condominium1,465 sfRM620,000

Latest Bayan City for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM380
TodayRoom In Apartment-NA-RM700
TodayRoom-NA-RM380
TodayCondominium1,123 sfRM1,700
TodayRoom In Apartment-NA-RM320
YesterdayCondominium1,465 sfRM2,000
YesterdayCondominium1,465 sfRM2,300
YesterdayCondominium1,465 sfRM1,700
YesterdayCondominium1,465 sfRM1,800
YesterdayRoom In Apartment-NA-RM380