10 Commercial Properties for Sale at Bay Avenue
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BayAvenue is a freehold commercial development situated at Lorong Bayan Indah 2, 11900, Penang. BayAvenue is referring commercial lots at Lorong Bayan Indah 1, 2, 3 and 4. The main road through the BayAvenue complex is Persiaran Bayan Indah. BayAvenue features shop houses and shop offices at close to the popular Queensbay shopping mall that would suit the needs of any business. It is surrounded by an established and affluent residential neighborhood. BayAvenue is strategically connected to the highways that offers easy access points to many neighbouring townships. To reach BayAvenue, you may use Persiaran Bayan Indah which is connected to Tun Dr. Lim Chong Eu Highway. In this area, you may take public transport like buses and taxis easily. You may take Rapid Penang Bus 304, 307, 308 and 401E pass along Persiaran Bayan Indah in front of BayAvenue. Sungai Nibong Bus Terminal is just located 2.2 km away from BayAvenue. The Sungai Nibong Bus Terminal serves all destinations within the country. The nearest hospital from BayAvenue is Pantai Hospital Penang. There are few government clinics nearby such as Klinik Pergigian Bayan Baru, Klinik Kesihatan Bayan Baru and Klink Kesihatan Sungai Dua. The shopping malls and supermarkets nearby BayAvenue such as Aeon Queesbay, Kompleks Bukit Jambul, Giant Hypermarket Bayan Baru, Tesco Extra Penang and Mydin Wholesale Hypermarket Bukit Jambul. The nearest market in Sungai Nibong is the Lip Sin Market and Super Tanker Market. There are many schools and learning centers for different category of education in the vicinity. For example, SJK (C) Kwang Hwa, SMK Sungai Nibong, SJK (T) Bayan Lepas, SJK (C) Shih Chung Cawangan, SK Sg Nibong, SK Bayan Baru, INTI International University, SJK (C) Chung Shan, SJK (C) Keong Hoe, Kolej Komuniti Bayan Baru and many more. Other amenities include banks, shop lots, eateries, offices, mosques, churches, petrol stations and more. The ground floor is fronted by wide verandah & walkway, suitable for retail business such as al-fresco dining, restaurant, cafes and more. Every unit comes with convenient common lift access. With covered parking bays and 24 hours security, it is a perfect place for businesses to take root in this peaceful and booming township. The shop offices are with Semi-D lift design conveniences. It has modern façade design and beam-free design that allows maximum ceiling height. This freehold commercial development, which was completed in 2007, comprises 10 blocks of 3-storey shop offices with ample of parking bays surrounding the shops. Each lot at BayAvenue has a built-up dimension of 24 ft by 65 ft. The selling price of each unit is around RM1.5 million onwards. The average rental for the first floor is around RM4,000; RM2,500 for the second floor and RM2,000 for the third floor. As for units fronting the main road Tun Dr Lim Chong Eu Highway, the rental could be as high as RM7,000 for the first floor; RM3,500 and RM2,500 for the second and third floors, respectively. BayAvenue is built in a mature residential area surrounded by housing developments such as 1-Sky (1-World II), 1-World (THE ONE), 35 Pearl Villas, Acres Ville, Ara Greens Apartment @ Sungai Ara and AraMas. There are also a handful of commercial properties nearby, suggesting there’s potential career opportunity to explore here. Commercial properties with the likes Persiaran Bayan Indah shoplots.
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Recent search data shows the project remains relevant to active buyer seekers in the area, drawing on 30 days of PropertyGuru search activity within the Bay Avenue market. This property continues to feature in the local browsing mix as seekers evaluate commercial opportunities in the township.
Pricing by Unit Types:- BAY GARDEN (169m, 2-3 mins) — Convenient local transport link just a short stroll away for easy neighborhood access.
- QUEENSBAY MALL (685m, 8-9 mins) — Strategic stop providing direct access to one of Penang's most popular shopping destinations.
- SK SG NIBONG (1666m, 20-21 mins) — Established primary school in the vicinity serving the local community.
- D'MONTE CHILD CARE & DEVELOPMENT (1911m, 22-23 mins) — Early childhood education center providing essential support for working parents.
- SJK(C) KWANG HWA (1943m, 23-24 mins) — Reputable vernacular school offering quality education within the Sungai Nibong area.
- O2 CLINIC SKIN SPECIALIST (700m, 8-9 mins) — Specialized dermatological care located conveniently nearby for wellness needs.
- WONG & SIM DENTAL SURGERY (711m, 8-9 mins) — Professional dental services within walking distance for routine check-ups.
- SRI NIBONG PHARMACY (1022m, 12-13 mins) — Handy local pharmacy for daily healthcare essentials and prescriptions.
- BAY AVENUE (70m, 1 min) — Immediate retail convenience right at your doorstep for daily business and shopping needs.
- VILLAGE GROCER (1053m, 12-13 mins) — Premium supermarket offering a wide range of fresh produce and international groceries.
- QUEENSBAY MALL (1464m, 17-18 mins) — Major lifestyle hub featuring extensive retail brands, cinema, and department stores.
- APEX COFFEE BAY AVENUE (86m, 1-2 mins) — Perfect spot for quick business meetings or a morning caffeine fix just steps away.
- VINO VINOV BISTRO (132m, 1-2 mins) — Relaxed evening venue ideal for after-work drinks and socializing with colleagues.
- SHANGHAI DING DIM SUM RESTAURANT (204m, 2-3 mins) — Popular local dining option for authentic flavors and quick lunches.
- HSBC (331m, 3-4 mins) — Essential banking services nearby to support business transactions and personal finances.
- MAYBANK (389m, 4-5 mins) — Convenient access to Malaysia's largest bank for everyday financial needs.
- 7-ELEVEN (247m, 2-3 mins) — Quick access to 24-hour essentials and snacks for late-night convenience.
- HAPPY MART (250m, 2-3 mins) — Handy local mart for grabbing daily necessities on the go.
Bay Avenue has demonstrated significant capital appreciation, reflecting a strong upward trend in its market valuation over recent years.
- PSF Appreciation: RM500.357 psf → RM714.796 psf over recent years (+42.86%) from 2023 - 2025
- PG Pulse Insight: The project has seen a substantial PSF growth of +42.86%, indicating a robust increase in capital value for property owners.
Published date: August 3, 2026





