BANDAR BARU AIR ITAM-DESA MAWAR

BANDAR BARU AIR ITAM-DESA MAWAR in Timur Laut, Penang recorded 10 subsale transactions in 2024, with a median price of RM 174K and a median price per square foot (PSF) of RM 324.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 174K, with most transactions falling within a stable range of RM 148K to RM 200K, and a typical market range of RM 161K to RM 187K.

Most transactions involved low-cost flat, though some variety exists in the market.

The median PSF stands at RM 324, with core pricing between RM 275 and RM 372. Market pricing typically extends from RM 298.75 to RM 348.25, reflecting moderate variation in unit pricing. The spread of RM 49.50 (IQR) and deviation of RM 49 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.