BANDAR BARU AIR ITAM-SRI IVORI

BANDAR BARU AIR ITAM-SRI IVORI in Timur Laut, Penang recorded 12 subsale transactions in 2022, with a median price of RM 252K and a median price per square foot (PSF) of RM 360.

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 252K, with most transactions falling within a stable range of RM 227K to RM 277K, and a typical market range of RM 229K to RM 274K.

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

The median PSF stands at RM 360, with core pricing between RM 324 and RM 396. Market pricing typically extends from RM 327.50 to RM 391.50, reflecting moderate variation in unit pricing. 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.