BANDAR BARU AIR ITAM-SRI IVORI in Timur Laut, Penang recorded 33 subsale transactions between 2021 and 2025, with a median price of RM 270K and a median price per square foot (PSF) of RM 386.
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 270K, with most transactions falling within a stable range of RM 244K to RM 296K, and a typical market range of RM 248K to RM 293K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 386, with most transactions between RM 349 and RM 423. The usual range is RM 354.00 to RM 418.00, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 37, 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. Moderate transaction volume may require patience when buying or selling.