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 1,556 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 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)
1,556 sf (Office)
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 and RM3,800 (about RM2.44 psf) for offices. 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 3.52% 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:

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.

Office Layouts

Meanwhile, the most popular layout and size combination at Bayan City for offices is 1,556 sf with a median rental of RM2.44 psf. For rental wise, the most expensive one is 1,556 sf with a median rental of RM2.44 psf; while the cheapest one is 1,556 sf with a median rental of RM2.44 psf.

Latest Bayan City for sale listings:

DateTypeBuilt-upPrice
21-Aug-19Condominium1,083 sfRM565,000
21-Aug-19Condominium1,465 sfRM590,000
19-Aug-19Condominium1,420 sfRM720,000
16-Aug-19Condominium1,100 sfRM570,000
15-Aug-19Condominium1,465 sfRM590,000
15-Aug-19Penthouse1,600 sfRM730,000
13-Aug-19Condominium1,465 sfRM590,000
13-Aug-19Condominium1,465 sfRM600,000
12-Aug-19Condominium2,636 sfRM1,100,000
18-Jul-19Condominium1,466 sfRM600,000

Latest Bayan City for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM450
TodayRoom In Apartment-NA-RM400
TodayRoom In Apartment-NA-RM400
TodayRoom In Apartment-NA-RM400
TodayRoom In Apartment-NA-RM450
TodayRoom In Apartment-NA-RM450
TodayRoom In Apartment-NA-RM470
YesterdayRoom In Apartment-NA-RM400
YesterdayRoom In Apartment-NA-RM400
YesterdayRoom In Apartment-NA-RM370

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