BANDAR BARU AIR ITAM

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 723K and a median price per square foot (PSF) of RM 321.

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 723K, with most transactions falling within a stable range of RM 600K to RM 979K, and a typical market range of RM 668K to RM 778K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 321, though individual units vary from RM 206 to RM 436 in the core range. The broader market spans RM 279.00 to RM 363.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 115) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.