BANDAR BARU AIR ITAM

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 208 subsale transactions between 2021 and 2025, with a median price of RM 150K and a median price per square foot (PSF) of RM 273.

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 150K, with most transactions falling within a stable range of RM 104K to RM 196K, and a typical market range of RM 95K to RM 205K.

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

Price per square foot shows a median of RM 273, though individual units vary from RM 218 to RM 328 in the core range. The broader market spans RM 231.00 to RM 315.00, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 55 (MAD) suggest moderate price variations reflecting different property features.

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.