Batu Maung, Bayan Lepas
Batu Maung is a town that is located in Bayan Lepas, Penang Island. The neighbourhood that was once dominated by agriculture and fishing activities has undergone significant changes with the residential developments that have transformed its landscape. Even though the area has seen a rise in lower to medium-income cost homes, it is now witnessing an increased demand from the upper class. The Second Penang Bridge has contributed to the hike in the land prices, making it a sought-after area for real estate investment. Despite these changes, the area is still known for its strong connection to the fisheries industry. Furthermore, the neighbourhood boasts a diverse range of eateries and a prominent and popular reputation for its seafood, further bolstering its attraction.
The built-up available in this town is 1,000 sf to 3,130 sf for houses. Other neighbouring towns around here are Setia Pearl Island and Southbay.
The only amenities nearby this town are some schools. Few of the schools here are SK Permatang Damar Laut and SMK Batu Maung.
The current rental yield of Batu Maung is 2.0% for houses. The highest rental yield ever recorded was 2.76% in Q4 2020 (house); while the lowest one was 1.31% in Q3 2019 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Batu Maung for houses is 6-bedroom / 3,130 sf with a median price of RM410 psf. For price wise, the most expensive one is 3-bedroom / 1,000 sf with a median price of RM680 psf; while the cheapest one is 5-bedroom / 3,028 sf with a median price of RM390 psf.
Latest Batu Maung sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| Today | Condominium | 1,615 sf | RM620,000 |
| 2 May 2023 | Apartment | 550 sf | RM159,000 |
| 1 May 2023 | Condominium | 1,615 sf | RM1,050,000 |
| 13 Apr 2023 | Low-Cost Flat | 507 sf | RM70,000 |
| 14 Mar 2023 | Terrace | 3,031 sf | RM1,200,000 |
| 12 Mar 2023 | Terrace | 3,500 sf | RM1,250,000 |
| 28 Jan 2023 | Apartment | 1,708 sf | RM799,000 |
| 6 Jan 2023 | Condominium | 1,708 sf | RM887,000 |
| 27 Dec 2022 | Terrace | 3,500 sf | RM1,050,000 |
| 16 Dec 2022 | Condominium | 1,708 sf | RM985,000 |
Latest Batu Maung rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| Today | House Room | -NA- | RM490 |
| 16 May 2023 | Medium Room | -NA- | RM590 |
| 5 Apr 2023 | Medium Room | -NA- | RM550 |
| 20 Mar 2023 | Medium Room | -NA- | RM590 |
| 22 Feb 2023 | Condominium | 1,111 sf | RM1,700 |
| 12 Jan 2023 | Single Room | -NA- | RM530 |
| 11 Jan 2023 | Condominium | 1,111 sf | RM1,800 |
| 29 Dec 2022 | House Room | -NA- | RM590 |
| 29 Dec 2022 | Single Room | -NA- | RM590 |
| 29 Dec 2022 | Medium Room | -NA- | RM690 |