Bayan Lepas (Barat Daya) Commercial Property Prices (2026)
A shop or office in Bayan Lepas (Barat Daya) typically sells for RM 564 per sq ft of floor space, based on 289 sales from 2021 to 2026. That is 75% more than the typical shop or office in Penang, and 80% more than across Malaysia.
Before you buy or sell in Bayan Lepas (Barat Daya)
- A strata retail lot costs about RM 80 more per sq ft than a strata office lot here.
- Leasehold shops and offices sold for more here, RM 805 per sq ft against RM 554 for freehold.
- Bayan Lepas (Barat Daya)RM 564
- PenangRM 323
- MalaysiaRM 313
- Typical sale priceRM 750,000
- Sales recorded289
- PeriodJan 2021 to Jun 2026
- Freehold89% of sales
What does "typical" mean here?
Line up every sale from cheapest to most expensive and take the one in the middle: half sold for more, half for less. Unlike an average, one RM 40 million mega-deal cannot drag it up.
Prices by property type in Bayan Lepas (Barat Daya)
| Property type | Sales | Typical price | Typical per sq ft |
|---|---|---|---|
| 2-storey shop | 42 | RM 1.2M | RM 560 |
| 3-storey shop | 13 | RM 2M | RM 497 |
| Retail lot (strata) | 177 | RM 700,000 | RM 602 |
| Office lot (strata) | 45 | RM 470,000 | RM 518 |
Types with fewer than 10 sales are left out, because a handful of deals can swing the figure.
Price per sq ft by year in Bayan Lepas (Barat Daya)
| Year | Typical per sq ft | Sales |
|---|---|---|
| 2021 | RM 588 | 26 |
| 2022 | RM 564 | 87 |
| 2023 | RM 541 | 80 |
| 2024 | RM 592 | 65 |
Freehold or leasehold in Bayan Lepas (Barat Daya)
- FreeholdRM 554 per sq ft, 258 sales
- LeaseholdRM 805 per sq ft, 31 sales
Leasehold shops and offices sold for more here, RM 805 per sq ft against RM 554 for freehold.
Compare Penang areas
Orange line: Penang typical, RM 323. Dashed line: Malaysia typical, RM 313.
Selling a shop or office in Bayan Lepas (Barat Daya)?
Jay Kew (REN57969) checks your price against the sales on this page. Free.
Questions about Bayan Lepas (Barat Daya) shop and office prices
What is the average shop price per sq ft in Bayan Lepas (Barat Daya)?
The typical shop or office in Bayan Lepas (Barat Daya) sold for RM 564 per sq ft of floor space from 2021 to 2026, based on 289 sales.
How much does a strata retail lot cost in Bayan Lepas (Barat Daya)?
A typical strata retail lot in Bayan Lepas (Barat Daya) sold for RM 700,000, or RM 602 per sq ft, based on 177 sales.
Is freehold more expensive than leasehold in Bayan Lepas (Barat Daya)?
Leasehold shops and offices sold for more here, RM 805 per sq ft against RM 554 for freehold.
How these figures are worked out
Source: NAPIC Open Sales Data, sales recorded from January 2021 to June 2026. "Typical" is the median: half of the sales were higher, half lower. "Half of sales between" is the 25th to 75th percentile. We leave out sales under RM 50 or over RM 5,000 per sq ft, and landed sales whose recorded floor space is under a fifth of the land (usually the office floor only). Strata units use their unit area. A place needs 30 sales for a page, a type 10 sales for a row and a year 20 sales for a bar. NAPIC adds late sales for months, so the latest year is incomplete. Last updated 10 October 2026. Figures prepared by Jasper Wu (data) and Jay Kew, REN57969.