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 3.39% 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 (built-up) combination at Bayan City for condominium units is 3-bedroom / 1,465 sf with a median price of RM440 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 Studio / 1,378 sf with a median price of RM430 psf.
Meanwhile, the most popular layout and size (built-up) 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 |
|---|---|---|---|
| 26 Nov 2022 | Shop-Office | 900 sf | RM638,000 |
| 11 Sep 2022 | Condominium | 1,535 sf | RM750,000 |
| 19 Mar 2022 | Townhouse | 1,826 sf | RM307,000 |
| 26 Jan 2022 | Condominium | 1,572 sf | RM670,000 |
| 26 Jan 2022 | Condominium | 1,465 sf | RM639,000 |
| 25 Jan 2022 | Condominium | 1,465 sf | RM608,000 |
| 14 Jan 2022 | Condominium | 1,465 sf | RM620,000 |
| 14 Jan 2022 | Condominium | 1,123 sf | RM638,000 |
| 13 Jan 2022 | Condominium | 1,465 sf | RM618,000 |
| 13 Jan 2022 | Condominium | 1,465 sf | RM630,000 |
Latest Bayan City for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Medium Room | -NA- | RM650 |
| Today | Single Room | -NA- | RM680 |
| Today | Single Room | -NA- | RM550 |
| Today | Condominium | 300 sf | RM450 |
| 28 Nov 2022 | Single Room | -NA- | RM650 |
| 3 Oct 2022 | Medium Room | -NA- | RM695 |
| 22 Apr 2022 | Master Room | -NA- | RM950 |
| 14 Apr 2022 | Master Room | -NA- | RM950 |
| 24 Feb 2022 | Medium Room | -NA- | RM675 |
| 24 Jan 2022 | Single Room | -NA- | RM547 |