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Listed 14 Apr 2026Readvertised 06 May 2026

RM 5,200,000

For Sale

Elit Avenue 4 Storey ShopLot Bayan Baru Sale with Tenancy Bayan Lepas

Bayan Baru, Penang

Build Up 6,170sq.ft

Description

[4-STOREY FULLY TENANTED] Freehold Shoplot @ Elit Avenue Type: 4-Storey Commercial Shoplot Location: Elit Avenue, Bayan Baru Freehold Total Built-up: 6,170 sq.ft Gross rental yield of approximately 4.55% Selling Price: RM 5,200,000 Contact Information: For more info or to arrange a viewing, kind...

Location

Pinned location

Property Details

Price per sq.ft (built-up)
RM 843 psf
Property type
Commercial · Shop lot
Tenure
Freehold
Furnishing
Unfurnished
Renovation
Original unit
Built-up size
6,170 sq.ft
Listed
14 Apr 2026
Listing ID
7A9692DB

Facilities

  • Parking
  • Lift
  • Security

Price Insights

This unit asks RM 843 psf, 178% above the recent transacted median of RM 303 psf in Mayang Apartment (Bayan Baru).

Recent transactions · Mayang Apartment (Bayan Baru) · Jul 10 – Sep 25

RM 300k

Median price

RM 303

Median psf

RM 160k400k

Range

60

Transactions

TransactionPrice · psf
ApartmentSep 2025
926 sq.ft · Leasehold
RM 330,000
RM 356/sf
ApartmentAug 2025
990 sq.ft · Leasehold
RM 350,000
RM 353/sf
ApartmentJul 2025
1,066 sq.ft · Leasehold
RM 335,000
RM 314/sf
ApartmentNov 2024
926 sq.ft · Leasehold
RM 300,000
RM 324/sf
ApartmentAug 2024
926 sq.ft · Leasehold
RM 280,000
RM 302/sf
ApartmentJun 2024
926 sq.ft · Leasehold
RM 320,000
RM 346/sf

Prices & trends

Commercial transactions in Mayang Apartment (Bayan Baru)

Mayang Apartment (Bayan Baru)0100200300400RM/sq.ftQ4 24Q1 25Q2 25Q3 25

Median transacted RM/sq.ft per quarter from official JPPH records. Quarters with too few transactions are left blank.

5 other units for sale in Mayang Apartment (Bayan Baru) · RM 180,000 – RM 2,600,000

View more Mayang Apartment (Bayan Baru) listings →

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Frequently asked questions

How much is the asking price for Elit Avenue 4 Storey ShopLot Bayan Baru Sale with Tenancy Bayan Lepas?

The asking asking price for this listing is RM5,200,000. Contact the listing agent via WhatsApp to discuss negotiation, viewing, and move-in dates.

What are the specifications of this commercial?

This listing has 6,170 sqft built-up. Furnishing: unfurnished. Tenure: freehold.

Where is this property located?

This commercial is located in Bayan Baru, Penang, Malaysia. Address: jalan mayang pasir 3. Use the map on this page to view exact location and nearby amenities.

Who is the agent for this listing?

This listing is offered by Jordan Foo from GIC Properties Sdn Bhd. REN: REN37274. Firm: 1924. Contact via WhatsApp using the button on this page — no signup required.

How do I buy this property?

Click the "Contact via WhatsApp" button on this page to message the agent directly. You can ask about viewings, negotiate price, and arrange the offer-to-purchase process.

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