For Sale
Bayan Lepas · Land: 1st grade land
Bayan Lepas Land For Sale
RM 160,000,000
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◯ 435,600 sqft
Bayan Lepas Industrial and Land (Bayan Lepas factory)
Bayan Lepas Factory and Land
1For Sale
2For Rent
68Past Deals
Where it is
Bayan Lepas on the map
Area Overview
Why Bayan Lepas
Bayan Lepas Industrial Area, Penang
Bayan Lepas is one of Penang's established industrial zones, strategically located on the island and serving as a key hub for manufacturing and logistics operations. The area offers a mix of existing industrial facilities and accessible infrastructure for businesses seeking industrial space in the northern corridor. The main industry here mainly automation, engineering / semi-conductor & medical industry.
As a mature industrial location, Bayan Lepas attracts manufacturers, warehouse operators, and light industrial users looking for proximity to port facilities and established trade routes. The area benefits from its position within Penang's broader industrial ecosystem and connectivity to major transportation networks.
Market Position
Bayan Lepas remains a competitive choice for industrial tenants and buyers due to its established infrastructure and track record as a manufacturing and logistics center. The area continues to serve demand from businesses requiring industrial space with good access to Penang's economic hubs and transportation corridors. Industrial property in Bayan Lepas caters to a range of users from small-scale operators to larger manufacturing concerns. And of course, without a doubt, it is one of the most expensive industrial area in Penang, Northern Region of Malaysia
Market Intelligence
Recent Transacted Prices
RM 127–597psf land (range) · last 10 yrs
RM 248psf land (median) · last 10 yrs
68 deals1998 – 2025
Aggregated from verified transactions in this area. No addresses or party names are shown. Click a column to sort.
| Date ↕ | Land (sqft) ↕ | Built-up (sqft) ↕ | Price (RM) ↕ | psf land ↕ | psf built-up ↕ |
|---|---|---|---|---|---|
| 2025-07-29 | 111,309.49 | 39,651.95 | RM 30,500,000 | RM 274 | RM 769 |
| 2025-06-13 | 46,939.43 | 17,436.98 | RM 28,000,000 | RM 597 | RM 1,606 |
| 2025-01-27 | 178,045.67 | 89,689.98 | RM 62,405,992 | RM 351 | RM 696 |
| 2025-01-27 | 374,368.44 | 183,975.72 | RM 131,218,208 | RM 351 | RM 713 |
| 2025-01-13 | 21,689.26 | 16,350.58 | RM 7,000,000 | RM 323 | RM 428 |
| 2024-11-27 | 66,380.97 | — | RM 9,951,508 | RM 150 | — |
| 2024-11-27 | 175,867.81 | 31,928.20 | RM 22,363,146 | RM 127 | RM 700 |
| 2024-10-04 | 62,096.94 | 7,767.23 | RM 15,000,000 | RM 242 | RM 1,931 |
| 2024-07-01 | 11,096.61 | 9,303.35 | RM 4,300,000 | RM 388 | RM 462 |
| 2024-05-27 | 66,068.82 | 31,085.93 | RM 19,000,000 | RM 288 | RM 611 |
| 2020-02-19 | 2,594.10 | — | RM 1,350,000 | RM 520 | — |
| 2018-04-25 | 43,550.74 | 12,996.76 | RM 9,350,000 | RM 215 | RM 719 |
| 2018-03-22 | 46,543.10 | 5,338.89 | RM 10,500,000 | RM 226 | RM 1,967 |
| 2017-12-21 | 536,688.05 | 55,673.90 | RM 111,800,000 | RM 208 | RM 2,008 |
| 2017-08-25 | 40,849 | 9,867.05 | RM 8,500,000 | RM 208 | RM 861 |
| 2017-04-25 | 78,662.58 | 47,832.19 | RM 14,500,000 | RM 184 | RM 303 |
| 2017-04-12 | 86,767.80 | 11,363.45 | RM 21,500,000 | RM 248 | RM 1,892 |
| 2013-04-10 | 43,550.74 | 12,996.76 | RM 6,000,000 | RM 138 | RM 462 |
| 2011-07-14 | 34,853.51 | — | RM 2,540,000 | RM 73 | — |
| 2010-12-09 | 59,319.85 | 14,186.07 | RM 5,800,000 | RM 98 | RM 409 |
| 2010-07-29 | 174,848.79 | 80,309.24 | RM 12,000,000 | RM 69 | RM 149 |
| 2010-06-30 | 46,500.05 | 5,338.89 | RM 5,300,000 | RM 114 | RM 993 |
| 2009-02-12 | 16,533.35 | 6,092.37 | RM 1,500,000 | RM 91 | RM 246 |
| 2008-03-13 | 43,604.56 | 5,664.07 | RM 4,500,000 | RM 103 | RM 794 |
| 2008-01-15 | 2,594.10 | 2,303.04 | RM 620,000 | RM 239 | RM 269 |
| 2007-02-16 | 130,845.97 | 29,013.34 | RM 8,000,000 | RM 61 | RM 276 |
| 2006-09-19 | 1,021,687.21 | 27,145.05 | RM 40,000,000 | RM 39 | RM 1,474 |
| 2006-06-26 | 34,853.51 | — | RM 696,960 | RM 20 | — |
| 2006-05-02 | 87,112.24 | 17,957.74 | RM 7,799,000 | RM 90 | RM 434 |
| 2006-03-22 | 46,500.05 | 5,338.89 | RM 2,930,000 | RM 63 | RM 549 |
| 2005-12-01 | 1,178,937.68 | 271,698.49 | RM 62,310,728 | RM 53 | RM 229 |
| 2005-09-05 | 109,296.64 | 30,445.69 | RM 5,800,000 | RM 53 | RM 190 |
| 2005-06-24 | 65,713.61 | — | RM 1,312,489 | RM 20 | — |
| 2005-06-20 | 129,425.13 | — | RM 2,715,712 | RM 21 | — |
| 2005-05-13 | 43,938.24 | — | RM 878,396 | RM 20 | — |
| 2005-04-11 | 43,559.89 | 12,633.48 | RM 2,820,000 | RM 65 | RM 223 |
| 2005-01-18 | 59,319.85 | — | RM 1,245,803 | RM 21 | — |
| 2004-11-05 | 184,945.33 | — | RM 3,710,406 | RM 20 | — |
| 2004-08-26 | 82,343.84 | — | RM 1,646,812 | RM 20 | — |
| 2004-07-27 | 2,594.10 | 2,303.04 | RM 420,000 | RM 162 | RM 182 |
| 2004-04-29 | 2,594.10 | 2,303.04 | RM 420,000 | RM 162 | RM 182 |
| 2004-04-07 | 261,358.26 | 85,113.17 | RM 20,000,000 | RM 77 | RM 235 |
| 2004-02-25 | 174,250.32 | 20,496.83 | RM 12,000,000 | RM 69 | RM 585 |
| 2004-02-16 | 2,594.10 | 2,303.04 | RM 420,000 | RM 162 | RM 182 |
| 2003-11-24 | 16,533.35 | 6,092.37 | RM 1,104,838 | RM 67 | RM 181 |
| 2003-09-30 | 16,533.35 | 6,092.37 | RM 1,104,838 | RM 67 | RM 181 |
| 2003-08-08 | 19,396.55 | 2,959.96 | RM 433,333 | RM 22 | RM 146 |
| 2003-02-25 | 86,789.33 | — | RM 1,735,788 | RM 20 | — |
| 2003-01-09 | 4,079.52 | 2,594.10 | RM 453,024 | RM 111 | RM 175 |
| 2002-09-24 | 4,079.52 | 2,594.10 | RM 430,373 | RM 106 | RM 166 |
| 2002-08-29 | 4,585.42 | 2,303.04 | RM 460,866 | RM 101 | RM 200 |
| 2002-08-14 | 2,594.10 | 2,303.04 | RM 420,000 | RM 162 | RM 182 |
| 2002-01-25 | 43,845.67 | 5,632.53 | RM 2,700,000 | RM 62 | RM 479 |
| 2002-01-10 | 16,221.20 | 6,092.37 | RM 1,100,000 | RM 68 | RM 181 |
| 2001-11-21 | 87,112.24 | — | RM 1,742,417 | RM 20 | — |
| 2001-07-10 | 2,594.10 | 2,303.04 | RM 420,000 | RM 162 | RM 182 |
| 2001-01-23 | 16,533.35 | 6,092.37 | RM 1,049,596 | RM 63 | RM 172 |
| 2001-01-05 | 64,052.48 | — | RM 992,920 | RM 16 | — |
| 2000-08-28 | 130,845.97 | — | RM 2,748,717 | RM 21 | — |
| 2000-08-25 | 19,848.31 | 5,024.80 | RM 1,250,000 | RM 63 | RM 249 |
| 2000-07-21 | 115,173.73 | — | RM 1,900,277 | RM 16 | — |
| 2000-07-17 | 85,723.70 | — | RM 1,414,509 | RM 16 | — |
| 2000-05-03 | 16,533.35 | 6,092.37 | RM 1,104,838 | RM 67 | RM 181 |
| 2000-03-01 | 87,284.47 | — | RM 1,352,878 | RM 16 | — |
| 1999-11-02 | 132,482.08 | — | RM 2,186,026 | RM 16 | — |
| 1999-09-02 | 59,255.27 | — | RM 977,781 | RM 16 | — |
| 1999-04-01 | 87,370.58 | — | RM 1,441,526 | RM 16 | — |
| 1998-06-24 | 87,596.62 | — | RM 1,357,794 | RM 16 | — |
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Frequently asked questions
What types of industrial users operate in Bayan Lepas?
Bayan Lepas hosts a diverse industrial base including manufacturing, warehouse and logistics operations, and light industrial users. The area is suitable for businesses requiring industrial space with good accessibility and proximity to port and trade facilities.
What is the accessibility like from Bayan Lepas?
Bayan Lepas benefits from its strategic location on Penang Island with established connections to major transportation routes and port facilities. The area is well-integrated into Penang's transport network, making it accessible for distribution and logistics operations.
Is Bayan Lepas suitable for export-oriented businesses?
Yes. Bayan Lepas's proximity to Penang's port facilities and established logistics infrastructure makes it an attractive location for businesses with export or import requirements. The area has a strong track record serving trading and manufacturing operations. 2 Penang bridges to go North to access Penang's port while you go South to access Batu Kawan or direction to Perak, Klang Valley, Selangor or Kuala Lumpur (KL).
What infrastructure utilities are available in Bayan Lepas?
As an established industrial area, Bayan Lepas is serviced by standard industrial utilities.
How competitive is industrial rental and pricing in Bayan Lepas?
Generally speaking, Bayan Lepas is one of the most expensive industrial spaces/ land compared to other locations of Penang. Rental rates and property values vary depending on unit size, condition, and specific facilities. Contact a local industrial agent for current market rates and available inventory.
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WhatsApp Scott Contact formDisclaimer: All information on this page is provided in good faith for general guidance only, on an “errors & omissions excepted” (E&OE) basis. Some details — including area information and transacted prices — are compiled from public records, third-party and online sources; they are believed to be accurate but are not guaranteed and may change without notice. Transacted prices are indicative only and do not constitute a valuation. Nothing here is an offer or professional advice, and listings are subject to availability. Please verify all information independently with the relevant authorities and your own professional advisers before making any decision. Scott Seow and Your Industrial & Land Agent accept no responsibility or liability for any loss arising from reliance on this information.