Bayan Lepas (Barat Daya) Industrial Property Prices (2026)

A factory in Bayan Lepas (Barat Daya) typically sells for RM 764 per sq ft of floor space, based on 60 sales from 2021 to 2026. That is 77% more than the typical factory in Penang, and 88% more than across Malaysia.

Before you buy or sell in Bayan Lepas (Barat Daya)

Each marker is the typical price per sq ft.
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 factory type in Bayan Lepas (Barat Daya)

Factory typeSalesTypical priceTypical per sq ft
Terrace factory31RM 2.3MRM 811
Semi-D factory12RM 6.3MRM 647
Detached factory12RM 13MRM 524

Types with fewer than 10 sales are left out, because a handful of deals can swing the figure.

Freehold or leasehold in Bayan Lepas (Barat Daya)

Freehold factories sold for more, RM 777 per sq ft against RM 429 for leasehold, and 77% of sales here were freehold.

Does tenure add value? Read our freehold vs leasehold study

Land value in Bayan Lepas (Barat Daya)

Price per sq ft of land: RM 840. The sale price divided by the land area, so it includes the building.

Compare Penang areas

Orange line: Penang typical, RM 431. Dashed line: Malaysia typical, RM 407.

Selling a factory in Bayan Lepas (Barat Daya)?

Jay Kew (REN57969) checks your price against the sales on this page and the factories listed nearby. Free.

Questions about Bayan Lepas (Barat Daya) factory prices

What is the average factory price per sq ft in Bayan Lepas (Barat Daya)?

The typical factory in Bayan Lepas (Barat Daya) sold for RM 764 per sq ft of floor space from 2021 to 2026, based on 60 sales.

How much is industrial land worth in Bayan Lepas (Barat Daya)?

Factory sales in Bayan Lepas (Barat Daya) work out at about RM 840 per sq ft of land, based on 55 sales of landed factories. That figure divides the sale price by the land area, so it includes the building.

Is freehold more expensive than leasehold in Bayan Lepas (Barat Daya)?

Freehold factories sold for more, RM 777 per sq ft against RM 429 for leasehold, and 77% of sales here were freehold.

How these figures are worked out

Source: NAPIC Open Sales Data, sales recorded from May 2021 to April 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.