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.
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; 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:
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:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 15-Mar-19 | Condominium | 1,495 sf | RM680,000 |
| 13-Mar-19 | Condominium | 1,465 sf | RM680,000 |
| 12-Mar-19 | Condominium | 1,700 sf | RM900,000 |
| 12-Mar-19 | Condominium | 1,745 sf | RM788,000 |
| 12-Mar-19 | Condominium | 2,500 sf | RM1,250,000 |
| 05-Mar-19 | Condominium | 1,465 sf | RM620,000 |
| 05-Mar-19 | Condominium | 1,465 sf | RM650,000 |
| 05-Mar-19 | Condominium | 1,163 sf | RM650,000 |
| 05-Mar-19 | Condominium | 1,480 sf | RM628,000 |
| 04-Mar-19 | Condominium | 1,465 sf | RM620,000 |
Latest Bayan City for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Room In Apartment | -NA- | RM380 |
| Today | Room In Apartment | -NA- | RM700 |
| Today | Room | -NA- | RM380 |
| Today | Condominium | 1,123 sf | RM1,700 |
| Today | Room In Apartment | -NA- | RM320 |
| Yesterday | Condominium | 1,465 sf | RM2,000 |
| Yesterday | Condominium | 1,465 sf | RM2,300 |
| Yesterday | Condominium | 1,465 sf | RM1,700 |
| Yesterday | Condominium | 1,465 sf | RM1,800 |
| Yesterday | Room In Apartment | -NA- | RM380 |