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.
This integrated office, residential & retail hub has some amenities nearby, for example hospitals and universities.
The current rental yield of Bayan City is 3.29% 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:
The most popular layout and size combination at Bayan City for condominium units is 3-bedroom / 1,465 sf with a median price of RM420 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 5-bedroom / 2,500 sf with a median price of RM320 psf.
Meanwhile, the most popular layout and size 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:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 19 Nov 2021 | Condominium | 1,496 sf | RM699,000 |
| 19 Nov 2021 | Penthouse | 2,518 sf | RM1,280,000 |
| 19 Nov 2021 | Condominium | 1,423 sf | RM630,000 |
| 18 Nov 2021 | Condominium | 1,465 sf | RM610,000 |
| 16 Nov 2021 | Condominium | 1,465 sf | RM610,000 |
| 16 Nov 2021 | Condominium | 1,123 sf | RM560,000 |
| 9 Nov 2021 | Condominium | 1,465 sf | RM638,000 |
| 9 Nov 2021 | Condominium | 1,465 sf | RM610,000 |
| 3 Nov 2021 | Condominium | 1,083 sf | RM550,000 |
| 3 Nov 2021 | Condominium | 1,465 sf | RM620,000 |
Latest Bayan City for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Yesterday | Room In Apartment | -NA- | RM625 |
| Yesterday | Room In Apartment | -NA- | RM650 |
| Yesterday | Room In Apartment | -NA- | RM450 |
| Yesterday | Room In Apartment | -NA- | RM600 |
| Yesterday | Room In Apartment | -NA- | RM600 |
| 18 Nov 2021 | Condominium | 1,500 sf | RM1,800 |
| 26 Nov 2021 | Condominium | 1,465 sf | RM1,750 |
| 26 Nov 2021 | Low-Cost Flat | 1,450 sf | RM1,800 |
| 26 Nov 2021 | Condominium | 1,500 sf | RM2,000 |
| 25 Nov 2021 | Condominium | 1,465 sf | RM1,850 |