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Bayan Bay
Persiaran Bayan Indah, Bayan Bay, 11900 Bayan Lepas, Penang
Shop
Office
Details:
Property Details
From RM2,500,000
From RM1,600
Built Up
From 1,400 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
NIL
Total Storeys
3
Total Units
NIL
Description
Bayan Bay is a bustling commercial hub located just beside the popular Queensbay Mall in Bayan Indah, Penang. There are several rows of 3-storey shop offices, where commercial shop lots occupy the ground floor while offices take up the first and second floors.
Most of the freehold units at Bayan Bay are occupied, with large built-up sizes starting from 1,400 sf. The area appeals to those working in the Bayan Lepas area, with most businesses operating there being restaurants and eateries which cater to the weekday lunch-hour crowd. Hence, the commercial shop lots here remain highly in demand, with units for sale on the market asking for at least RM2,500,000. Rental is also on the higher end, at RM1,600 per month.
Most amenities from banks, food and beverage outlets, convenience stores, hair salons and more can be found at Bayan Bay, with other additional conveniences like supermarkets and departmental stores available in the nearby Queensbay Mall.
Bayan Bay enjoys high visibility and easy access, located just off the Tun Dr. Lim Chong Eu Expressway. The Sungai Nibong Highway is also accessible from the area, linking to Jalan Sultan Azlan Shah. These 2 major roadways are the most frequently travelled by those working in the Bayan Lepas area. Bayan Lepas is also about 15 minutes away via the 2 routes.
Traffic gets congested along the Tun Dr. Lim Chong Eu Expressway, Jalan Sultan Azlan Shah, as well as the smaller roads within the vicinities of Bayan Bay during peak hours and lunch hour on the weekdays, as well as weekends when people flock to Queensbay Mall.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
-
Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Bayan Bay | 0 | From RM2,500,000 | RM3,500 - RM3,500 | NIL | NIL |
| Taman Pantai Indah | Dec 2016 | NIL | NIL | NIL | NIL |
| Victoria Bay | 2015 | From RM1,440,000 | NIL | NIL | NIL |
| Summerton Condominium | Apr 2014 |
RM680,000
-
RM1,900,000
RM 415 psf - RM 829 psf |
RM1,700 - RM1,700 | NIL | 2.43 % |
| Summerton Bayan Indah | 2014 |
RM1,200,000
-
RM1,900,000
RM 652 psf - RM 806 psf |
RM1,800 - RM1,800 | NIL | 1.89 % |
| Taman Jerejak Villa | 2011 |
RM428,000
-
RM428,000
RM 503 psf - RM 503 psf |
From RM2,500 | NIL | NIL |
| BayStar | 2009 |
RM1,000,000
-
RM3,000,000
RM 610 psf - RM 1,026 psf |
RM2,900 - RM2,900 | NIL | 2.76 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | RM 768 psf |
| 500 - 1,000 SQ. FT | RM 560 psf | - | RM 1,187 psf |
| 1,000 - 1,500 SQ. FT | RM 649 psf | RM 186,584 psf | - |
| 1,500 - 2,500 SQ. FT | RM 521 psf | RM 409,000 psf | RM 769 psf |
| 2,500 - 4,000 SQ. FT | RM 579 psf | RM 1,568,333 psf | - |
| 4,000 SQ. FT and above | - | - | RM 769 psf |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 495 psf
Non Landed Properties
RM 80,933 psf
Landed Properties
RM 993 psf
Commercial Properties
Note:
- This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
- 'Nearby distance' is based on 1 kilometre
- Average Rental Yield takes into account an estimated amount of maintenance fees
My Affordability:
| Down Payment (10%) | RM 250,000 |
| Loan Amount ( 90 %) | RM 2,250,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM
N / A
psf
(1,400 SQ. FT)
Total Monthly Expenses
RM 3,000 ±
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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