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 870 sf to 1,182 sf for offices. 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 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.
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 rental yield of Bayan City is 3.0% for apartment units. The highest rental yield ever recorded was 4.41% 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 RM410 psf. For price wise, the most expensive one is 3-bedroom / 1,465 sf with a median price of RM410 psf; while the cheapest one is 3-bedroom / 1,465 sf with a median price of RM410 psf.
Meanwhile, the most popular layout and size combination at Bayan City for offices is 870 sf with a median price of RM760 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 RM760 psf.
Latest Bayan City for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 8 Jan 2021 | Condominium | 1,465 sf | RM670,000 |
| 7 Jan 2021 | Condominium | 1,465 sf | RM630,000 |
| 6 Jan 2021 | Penthouse | 1,736 sf | RM750,000 |
| 6 Jan 2021 | Condominium | 1,465 sf | RM610,000 |
| 5 Jan 2021 | Duplex | 2,500 sf | RM1,150,000 |
| 31 Dec 2020 | Condominium | 1,423 sf | RM580,000 |
| 30 Dec 2020 | Condominium | 1,423 sf | RM580,000 |
| 29 Dec 2020 | Condominium | 1,423 sf | RM580,000 |
| 29 Dec 2020 | Condominium | 1,423 sf | RM580,000 |
| 29 Dec 2020 | Condominium | 1,423 sf | RM580,000 |
Latest Bayan City for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Room In Apartment | -NA- | RM700 |
| Today | Room In Apartment | -NA- | RM700 |
| Today | Room In Apartment | -NA- | RM550 |
| Today | Condominium | 1,468 sf | RM1,800 |
| Yesterday | Condominium | 1,456 sf | RM1,850 |
| Yesterday | Condominium | 1,465 sf | RM1,900 |
| 6 Jan 2021 | Condominium | 1,100 sf | RM1,500 |
| 16 Jan 2021 | Condominium | 1,083 sf | RM1,500 |
| 16 Jan 2021 | Condominium | 1,830 sf | RM2,800 |
| 16 Jan 2021 | Condominium | 1,430 sf | RM2,100 |