Kenari Avenue

1-1-9, Tingkat Kenari 5, Sungai Ara, 11900 Bayan Lepas, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM775,000
PSF
RM567

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
1,350 sqft
Office
RM870,000
Level 2
1,367 sqft · RM636 PSF
RM680,000
Level 3
1,367 sqft · RM497 PSF
Legend Recent Highest Price Highest PSF

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Kenari Avenue, 1-1-9, Tingkat Kenari 5, Sungai Ara, 11900 Bayan Lepas, Penang, Malaysia

Maps

Kenari Avenue in Barat Daya, Penang recorded 2 Office Lot properties subsale transactions between 2021 and 2026, with a median price of RM775K and a median price per square foot (PSF) of RM567.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM775K, with most transactions falling within a stable range of RM680K to RM870K, and a typical market range of RM680K to RM870K.

Within the Office Lot category, office lot dominated the market, though some variety exists in the market.

The median PSF stands at RM567, with core pricing between RM497 and RM636. Market pricing typically extends from RM486.68 to RM647.18, reflecting moderate variation in unit pricing. With an IQR of RM160.50 and MAD of RM69, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.