BAYAN INDAH

Penang, Malaysia

15
Properties within neighbourhood
1
Convenience Store
2
Shopping Malls
1
Supermarkets & Markets
0
Public Transport
0
Educations
1
Places of Worship
0
Medicals
2
Banks
0
Petrol Station

average

Crime Level

Tun Dr Lim Chong Eu Expressway, Bayan Lepas Expressway

Highways

Tropicana Bay Residences, QuayWest Residence, QuayWest Residence, Tropicana Bay Residences

Upcoming Developments
Find Me A Good Deal
About This Map

Transacted Prices

This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

Did you know?

Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Bayan Indah *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

Compare Neighbourhoods

Batu Uban Sungai Dua Sungai Nibong

Click on these neighbourhoods to begin comparison now

View full details of your recently searched neighbourhoods.

Neighbourhood Review

Accessibility
Traffic
Safety
Convenience

Bayan Indah is located close to the southern tip of Penang island, within close proximity to Bayan Lepas, Batu Muang and the second Penang bridge. The rise in population and development in the area are accredited to the Bayan Lepas Free Industrial Zone which created a boom in employment opportunities as international and local businesses set up factories and run operations there. This has caused an influx of population from other parts of Penang to the areas surrounding the free trade zone, pushing the demand for housing and amenities in those once quiet neighbourhoods.

Bayan Indah was one of such instances, where the area was developed to accommodate the upsurge in population. One such development was the Saujana Damai, a high density apartment complex housing lower-medium cost units, built to appeal to those who are working in the many industrial areas in Bayan Lepas while there are a few other neighbourhoods comprising of medium-sized terrace homes. There is also quite a number of commercial and industrial developments coming up in the area, a spillage from the Bayan Lepas Free Industrial Zone.

Bayan Indah is easily accessible by Jalan Tun Dr. Awang, Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway. On the southwest of Bayan Indah are Bayan Lepas and Teluk Kumbar while Batu Maung sits toward southeast of Bayan Indah. Heading north from Bayan Indah will bring you towards Batu Uban, Gelugor and Georgetown. Bayan Indah is about 15 minutes away from the second Penang bridge while the first Penang bridge is slightly further, around 20 minutes up north. The Bayan Lepas Free Industrial Zone as well as the Penang airport on the other hand, are only minutes away.

Though amenities immediate of the area may not be as abundant, Bayan Indah is just a short distance of about 10 minutes to Queensbay Mall where there are many commercial blocks housing a variety of amenities such as banks, eateries, pharmacies and so on. School choices in the area is only limited to the Straits International School while the nearest hospital is Pantai Hospital, around 5 minutes away.

Like many other neighbourhoods on the peripheries of Bayan Lepas, Bayan Indah also sees heavier traffic and congestion during peak hours in the mornings, around 7 a.m. to 8 a.m. when most residents travel to work, and in the evenings between the times of 6 p.m. to 7 p.m. when they commute home.

Consumer Price Index

This is a representation of Penang Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.742% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.169% in the year 2014 while surging by 2.529% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 110.7 in 2014, 113.5 in 2015.

Let Our Community Help You

With PropSocial, everyone can now find their dream home. Looking for a home in Bayan Indah Fill in your details and we will get right back to you!

Properties Within This Neighbourhood

Recommended Listing Within This Neighbourhood

Community of Bayan Indah


  Be the first to rate and review Bayan Indah
Not Logged in
Not Logged in Not Logged in
Traffic
Safety
Accessibility
Convenience

Ask a Question


Get answer