Penang
Timur Laut
13
BANDAR BARU AIR ITAM-SRI IVORI

BANDAR BARU AIR ITAM-SRI IVORI

Area Intelligence

2022

Median Price

RM 251,500

PSF: RM 360

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Residential PSF Trends

Median Price

RM 251,500

PSF: RM 360

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 230K to RM 278K, and a typical market range of RM 230K 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 321 and RM 398. 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 38, 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

OSM

Track location

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)

Clear

Road	Price	Land PSF	Land	Date	Type

700 sqft

Flat

700 sqft

Flat

RM 230,000

Level 25

700 sqft · RM 329 PSF

Dec 2022

RM 300,000

Level 7

700 sqft · RM 429 PSF

Nov 2022

RM 235,000

Level 9

700 sqft · RM 336 PSF

Nov 2022

RM 230,000

Level 22

700 sqft · RM 329 PSF

Oct 2022

RM 300,000

Level 6

700 sqft · RM 429 PSF

Sep 2022

RM 245,000

Level 23

700 sqft · RM 350 PSF

Sep 2022

Level 25	RM 230,000	RM 329	700 sqft	Dec 2022
Level 7	RM 300,000	RM 429	700 sqft	Nov 2022
Level 9	RM 235,000	RM 336	700 sqft	Nov 2022
Level 22	RM 230,000	RM 329	700 sqft	Oct 2022
Level 6	RM 300,000	RM 429	700 sqft	Sep 2022
Level 23	RM 245,000	RM 350	700 sqft	Sep 2022