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 344 sf to 581 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 2.32%, compared to 6.6% 5 years ago in Q3 2014. The highest rental yield ever recorded was 9.36% in Q4 2013; while the lowest one was 2.32% in Q4 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Queensbay Mall is 456 sf with a median price of RM3,490 psf. For price wise, the most expensive one is 345 sf with a median price of RM4,930 psf; while the cheapest one is 430 sf with a median price of RM3,200 psf.
Latest Queensbay Mall for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 6 Apr 2020 | Commercial | 1,130 sf | RM4,500,000 |
| 5 May 2020 | Commercial | 521 sf | RM3,500,000 |
| 24 Dec 2019 | Retail | 521 sf | RM3,500,000 |
| 30 Sep 2019 | Retail | 581 sf | RM1,500,000 |
Latest Queensbay Mall for rent listings:
Management should probably do something about those half completed pillars on the top floor.