Queensbay Mall, Bayan Indah
Queensbay Mall is a freehold shopping mall located in Bayan Indah, Sungai Nibong. The built-up available at this project is 345 sf to 456 sf. It was developed by CP Land Sdn Bhd, and was completed around 2006.
CP Land Sdn Bhd is a mid-scale property development company held privately, 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, as it has no amenities around.
The current rental yield of Queensbay Mall is around 3.8%, compared to 1.71% 3 years ago in Q4 2019. The highest rental yield ever recorded was 9.36% in Q4 2013; while the lowest one was 1.71% in Q4 2019. 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 350 sf with a median price of RM3,570 psf; while the cheapest one is 430 sf with a median price of RM2,630 psf.
Latest Queensbay Mall sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 23 Dec 2021 | Retail | 581 sf | RM1,350,000 |
| 23 Dec 2021 | Retail | 340 sf | RM860,000 |
| 24 Nov 2021 | Retail | 521 sf | RM3,500,000 |
| 11 Aug 2021 | Retail | 350 sf | RM1,250,000 |
| 5 Aug 2021 | Retail | 340 sf | RM860,000 |
| 29 Jul 2021 | Retail | 521 sf | RM3,500,000 |
Latest Queensbay Mall rental listings:
Management should probably do something about those half completed pillars on the top floor.