BANDAR BARU AIR ITAM Property Investment Analysis
BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 241 subsale transactions between 2021 and 2025, with a median price of RM 155K and a median price per square foot (PSF) of RM 285.
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 155K, with most transactions falling within a stable range of RM 120K to RM 190K, and a typical market range of RM 100K to RM 210K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 285, with core pricing between RM 244 and RM 326. Market pricing typically extends from RM 243.00 to RM 327.00, reflecting moderate variation in unit pricing. With an IQR of RM 84.00 and MAD of RM 41, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. High transaction volume ensures good market liquidity and easier price discovery.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Low-Cost Flat |
|
RM 138,000
|
RM 267.00
|
517 sqft
|
Jun 2023
|
Low-Cost Flat |
|
RM 180,000
|
RM 299.00
|
603 sqft
|
Jun 2023
|
Low-Cost Flat |
|
RM 150,000
|
RM 246.00
|
609 sqft
|
Jun 2023
|
Low-Cost Flat |
|
RM 168,000
|
RM 275.00
|
611 sqft
|
Jun 2023
|
1 - 1 1/2 Storey Semi-Detached |
JALAN ANGSANA
|
RM 600,000
|
RM 268.00
|
2,239 sqft
|
May 2023
|
Cluster House |
JALAN SEMARAK API
|
RM 350,000
|
RM 507.00
|
690 sqft
|
May 2023
|
Flat |
|
RM 250,000
|
RM 363.00
|
689 sqft
|
May 2023
|
Low-Cost Flat |
|
RM 180,000
|
RM 356.00
|
506 sqft
|
May 2023
|
Low-Cost Flat |
|
RM 114,000
|
RM 222.00
|
512 sqft
|
May 2023
|
Low-Cost Flat |
|
RM 138,000
|
RM 269.00
|
512 sqft
|
May 2023
|
Low-Cost Flat |
|
RM 112,000
|
RM 219.00
|
512 sqft
|
May 2023
|
Low-Cost Flat |
|
RM 125,000
|
RM 244.00
|
512 sqft
|
May 2023
|
Low-Cost Flat |
|
RM 130,000
|
RM 253.00
|
513 sqft
|
May 2023
|
Low-Cost Flat |
|
RM 175,000
|
RM 285.00
|
614 sqft
|
May 2023
|
Low-Cost Flat |
|
RM 160,000
|
RM 261.00
|
614 sqft
|
May 2023
|
2 - 2 1/2 Storey Terraced |
JLN BERIKSA 4
|
RM 780,000
|
RM 510.00
|
1,528 sqft
|
Apr 2023
|
Flat |
|
RM 122,000
|
RM 241.00
|
506 sqft
|
Apr 2023
|
Flat |
|
RM 330,000
|
RM 378.00
|
872 sqft
|
Apr 2023
|
Low-Cost Flat |
|
RM 140,000
|
RM 273.00
|
512 sqft
|
Apr 2023
|
Low-Cost Flat |
|
RM 145,000
|
RM 283.00
|
512 sqft
|
Apr 2023
|
Low-Cost Flat |
|
RM 130,000
|
RM 252.00
|
517 sqft
|
Apr 2023
|
Low-Cost Flat |
|
RM 90,000
|
RM 174.00
|
517 sqft
|
Apr 2023
|
Flat |
|
RM 238,000
|
RM 345.00
|
689 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 150,000
|
RM 292.00
|
515 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 147,000
|
RM 285.00
|
517 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 150,000
|
RM 290.00
|
517 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 100,000
|
RM 194.00
|
517 sqft
|
Mar 2023
|
2 - 2 1/2 Storey Semi-Detached |
LINTANG PAYA TERUBONG 4
|
RM 1,200,000
|
RM 468.00
|
2,562 sqft
|
Feb 2023
|
Cluster House |
JLN SEMARAK API 1
|
RM 250,000
|
RM 364.00
|
687 sqft
|
Feb 2023
|
Flat |
|
RM 220,000
|
RM 319.00
|
689 sqft
|
Feb 2023
|
Low-Cost Flat |
|
RM 140,000
|
RM 273.00
|
512 sqft
|
Feb 2023
|
Low-Cost Flat |
|
RM 130,000
|
RM 253.00
|
513 sqft
|
Feb 2023
|
Low-Cost Flat |
|
RM 100,000
|
RM 194.00
|
517 sqft
|
Feb 2023
|
Low-Cost Flat |
|
RM 145,000
|
RM 281.00
|
517 sqft
|
Feb 2023
|
Low-Cost Flat |
|
RM 165,000
|
RM 269.00
|
614 sqft
|
Feb 2023
|
Cluster House |
JLN SEMARAK API
|
RM 300,000
|
RM 435.00
|
689 sqft
|
Jan 2023
|
Low-Cost Flat |
|
RM 120,000
|
RM 234.00
|
512 sqft
|
Jan 2023
|
Low-Cost Flat |
|
RM 160,000
|
RM 310.00
|
517 sqft
|
Jan 2023
|
Low-Cost Flat |
|
RM 158,000
|
RM 306.00
|
517 sqft
|
Jan 2023
|
Low-Cost Flat |
|
RM 140,000
|
RM 230.00
|
609 sqft
|
Jan 2023
|
Low-Cost Flat |
|
RM 250,000
|
RM 407.00
|
614 sqft
|
Jan 2023
|
1 - 1 1/2 Storey Terraced |
JLN TEOCHEW 2
|
RM 968,000
|
RM 293.00
|
3,305 sqft
|
Dec 2022
|
2 - 2 1/2 Storey Terraced |
LINTANG PAYA TERUBONG 3
|
RM 850,000
|
RM 266.00
|
3,197 sqft
|
Dec 2022
|
2 - 2 1/2 Storey Terraced |
LORONG RU 1
|
RM 800,000
|
RM 559.00
|
1,432 sqft
|
Dec 2022
|
Flat |
|
RM 290,000
|
RM 421.00
|
689 sqft
|
Dec 2022
|
Low-Cost Flat |
|
RM 120,000
|
RM 234.00
|
512 sqft
|
Dec 2022
|
Low-Cost Flat |
|
RM 130,000
|
RM 254.00
|
512 sqft
|
Dec 2022
|
Low-Cost Flat |
|
RM 135,000
|
RM 261.00
|
517 sqft
|
Dec 2022
|
1 - 1 1/2 Storey Semi-Detached |
JALAN BERIKSA SATU
|
RM 830,000
|
RM 369.00
|
2,250 sqft
|
Nov 2022
|
Flat |
|
RM 200,000
|
RM 290.00
|
689 sqft
|
Nov 2022
|