Desa Bayan Apartment, Bayan Lepas Insights

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Project Name	:Desa Bayan Apartment
Street Name	:Jalan Merbah, Taman Sri Bayan, 11900, Penang
Postal Code	:11900
Property Type	:Condominium/Apartment
Tenure	:
District/Planning Area	:Bayan Lepas
Completion	:N/A
Number of Landed Units	:0 units
Number of Non Landed Units	:0 units
Sold Price Range/Average*	:RM 408 psf - RM 479 psf / RM 440 psf
Leased Rental Range/Average**	:
Implied rental yield**	:4.84%
Historical High	:RM 521 psf in Feb 2024 for a 710-sqft unit
Indicative Average Price from Historical High	:%
Historical Low	:RM 0 psf in Jun 2004 for a 710-sqft unit
Buyer Profile by Residential Status	:
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*Based on transactions in the last 48 months.

**Based on asking rental data in the last 12 months. May not be representative.

About This Project

Desa Bayan is a high-rise apartment situated in the enclave of Bayan Lepas in Penang. This project was completed in the year 2005 and sits on freehold land.Desa Bayan consists of five 18-storey towers. Built-up size for each unit is approximately 700 sq. ft., comprising three bedrooms and two bathrooms.Basic facilities like security service, car park and landscaped garden are provided. Schools in the vicinity include SRK Mutiara Perdana,SR(J)K Chung San and SK Bayan Lepas. Other amenities nearby are Desa Ria Market, Bayan Baru Market, Sunshine Square and Giant Hypermarket. This project can be easily accessed via Jalan Sultan Azlan Shah and Jalan Tun Dr Awang.

Sales Transaction of Desa Bayan Apartment

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Price Comparison with Nearby Properties (UP to 50)

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Price Comparison with Nearby Properties

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Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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