Penang
Timur Laut
13
BANDAR BARU AIR ITAM-SRI IVORI

BANDAR BARU AIR ITAM-SRI IVORI

Area Intelligence

2023

Median Price

RM 252,500

PSF: RM 361

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Residential PSF Trends

Median Price

RM 252,500

PSF: RM 361

BANDAR BARU AIR ITAM-SRI IVORI in Timur Laut, Penang recorded 12 subsale transactions in 2023, with a median price of RM 253K and a median price per square foot (PSF) of RM 361.

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 253K, with most transactions falling within a stable range of RM 230K to RM 275K, and a typical market range of RM 230K to RM 275K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 361, with most transactions between RM 329 and RM 392. The usual range is RM 328.50 to RM 392.50, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 32, 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.

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BANDAR BARU AIR ITAM-SRI IVORI, Timur Laut, Penang

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Transactions

12 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 270,000

Level 13

700 sqft · RM 386 PSF

Nov 2023

RM 250,000

Level 9

700 sqft · RM 357 PSF

Aug 2023

RM 240,000

Level 13

700 sqft · RM 343 PSF

Aug 2023

RM 255,000

Level 10

700 sqft · RM 364 PSF

Jun 2023

RM 280,000

Level 13

700 sqft · RM 400 PSF

Jun 2023

RM 220,000

Level 25

700 sqft · RM 314 PSF

May 2023

Level 13	RM 270,000	RM 386	700 sqft	Nov 2023
Level 9	RM 250,000	RM 357	700 sqft	Aug 2023
Level 13	RM 240,000	RM 343	700 sqft	Aug 2023
Level 10	RM 255,000	RM 364	700 sqft	Jun 2023
Level 13	RM 280,000	RM 400	700 sqft	Jun 2023
Level 25	RM 220,000	RM 314	700 sqft	May 2023