Shop Office for Rent/Sale in Bayan Bay, Sungai Nibong, Penang
Location & Accessibility:
- Strategically located on Persiaran Bayan Indah, the shop offices enjoy excellent visibility and are situated in a prime commercial area.
- They are in close proximity to Queensbay Mall, a major landmark, and are located opposite HSBC Bank.
- The area is a key commercial hub in Sungai Nibong, offering a high-traffic environment for businesses.
Property Details:
- Type: 3-storey shop office.
- Tenure: Leasehold.
- Developer: Developed by CP Land Sdn Bhd, a mid-sized real estate organization.
- Built-up Area: The built-up sizes for the shop offices range from approximately 4,500 sq ft to 5,900 sq ft.
- Layout: The properties are typically laid out as a 3-storey shop office, with some listings specifying a land area of around 1,400 sq ft and a built-up area of 4,500 sq ft.
Investment & Market Information:
- Price: Sale prices for these shop offices are in the range of RM4.9 million to over RM5 million, depending on the size, location (e.g., corner lot), and condition.
- Rental: Rental yields have been recorded, with a current yield of around 4.09% for shop offices in the area.
- Target Audience: These properties are ideal for businesses looking for a strategic location with high visibility. The space is suitable for a variety of commercial activities, including retail and office use.
Note: Specific details like exact built-up area, land area, and sale/rental prices can vary depending on the individual unit and the current market conditions. It is always best to consult with a local real estate Shijie Property Agents (+6013 - 481 7777, +6018 - 398 7777) for the most up-to-date information. https://www.shijieproperty.com.my/
BAYAN BAY @ Properties
Frequently asked question
Prices vary significantly depending on the size, location (e.g., corner lot vs. intermediate lot), and condition of the property. Based on recent listings, sale prices for a freehold 3-storey shop office in Bayan Bay can range from RM 4.5 million to over RM 5 million.
Yes, both sale and rental listings are available. Rental prices for office spaces in the area can vary widely based on the size and floor level.
The properties in Bayan Bay are ideal for a wide range of businesses, including professional offices (e.g., law firms, accounting firms), clinics, retail outlets, restaurants, and cafes, especially given the high foot traffic from Queensbay Mall.
The area offers a number of parking bays, and the proximity to Queensbay Mall provides additional parking options for visitors and tenants.
Bayan Bay is strategically located with excellent access to key destinations. It's a short drive to the Penang International Airport, the Bayan Lepas FTZ, and the Penang Bridge, making it a very convenient location for businesses with local and international dealings.
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