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 RM1,900 to RM2,000 (about RM1.30 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 3.81% 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
21-May-19Condominium1,495 sfRM650,000
21-May-19Condominium1,465 sfRM700,000
20-May-19Condominium1,465 sfRM600,000
20-May-19Penthouse2,630 sfRM1,050,000
17-May-19Condominium1,700 sfRM750,000
16-May-19Condominium1,000 sfRM500,000
14-May-19Condominium1,700 sfRM748,000
14-May-19Condominium1,465 sfRM600,000
14-May-19Condominium1,700 sfRM750,000
14-May-19Condominium1,100 sfRM530,000

Latest Bayan City for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM480
TodayCondominium1,300 sfRM1,800
21-May-19Room In Apartment-NA-RM580
20-May-19Room In Apartment-NA-RM470
20-May-19Room In Apartment-NA-RM800
19-May-19Room In Apartment-NA-RM500
19-May-19Room In Apartment-NA-RM960
18-May-19Condominium1,700 sfRM2,000
18-May-19Condominium1,465 sfRM1,300
17-May-19Condominium2,000 sfRM2,000