BANDAR BARU AIR ITAM-SRI IVORI in Timur Laut, Penang recorded 3 subsale transactions in 2025, with a median price of RM 290K and a median price per square foot (PSF) of RM 414.
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 290K, with most transactions falling within a stable range of RM 265K to RM 315K, and a typical market range of RM 268K to RM 313K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 414, with most transactions between RM 378 and RM 450. The usual range is RM 382.00 to RM 446.00, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.
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.