Queensbay Mall, Bayan Indah
Queensbay Mall is a freehold shopping mall that is located in Bayan Indah, Sungai Nibong. The built-up available at this property is 350 sf to 581 sf. It was developed by CP Land Sdn Bhd, and was completed in around 2006.
CP Land Sdn Bhd is a privately held mid-scale property development company, and it has developed about 5 property projects in Malaysia. Other similar projects by the same developer are BayGarden, BayStar, Bayan Bay and Casa Idaman.
This shopping mall is not very ideal for own stay or investment, because it has no amenities around.
The current rental yield of Queensbay Mall is around 7.53%, compared to 8.18% 9 years ago in Q2 2015. The highest rental yield ever recorded was 8.18% in Q2 2015; while the lowest one was 3.75% in Q3 2023. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Queensbay Mall is 456 sf with a median price of RM2,630 psf. For price wise, the most expensive one is 521 sf with a median price of RM6,720 psf; while the cheapest one is 456 sf with a median price of RM2,630 psf.
Latest Queensbay Mall sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 17 Aug 2024 | Retail | 1,176 sf | RM2,600,000 |
| 15 Aug 2024 | Retail | 588 sf | RM1,300,000 |
| 11 Jul 2024 | Retail | 524 sf | RM1,450,000 |
| 15 May 2024 | Retail | 580 sf | RM1,600,000 |
| 5 May 2024 | Retail | 431 sf | RM1,275,000 |
| 26 Apr 2024 | Retail | 398 sf | RM2,100,000 |
| 26 Apr 2024 | Retail | 624 sf | RM1,700,000 |
| 17 Aug 2023 | Retail | 400 sf | RM1,490,000 |
| 16 Jul 2023 | Retail | 581 sf | RM1,600,000 |
| 30 Jun 2023 | Retail | 1,001 sf | RM1,800,000 |
Latest Queensbay Mall rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 2 May 2024 | Retail | 400 sf | RM8,000 |
| 2 May 2024 | Retail | 400 sf | RM8,000 |
| 5 Oct 2023 | Condominium | 955 sf | RM3,800 |
| 16 Jul 2023 | Retail | 392 sf | RM7,500 |
| 3 May 2023 | Retail | 400 sf | RM8,500 |
| 30 Nov 2022 | Retail | 570 sf | RM5,000 |
| 1 Nov 2022 | Retail | 400 sf | RM7,800 |
| 20 Oct 2022 | Retail | 400 sf | RM7,800 |
| 15 Oct 2022 | Retail | 570 sf | RM4,900 |
| 12 Oct 2022 | Retail | 481 sf | RM5,700 |
Management should probably do something about those half completed pillars on the top floor.