Penang
Timur Laut
13
BANDAR BARU AIR ITAM

BANDAR BARU AIR ITAM

Area Intelligence

2025

Median Price

RM 165,000

PSF: RM 320

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Residential PSF Trends

Median Price

RM 165,000

PSF: RM 320

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 13 subsale transactions in 2025, with a median price of RM 165K and a median price per square foot (PSF) of RM 320.

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 165K, with most transactions falling within a stable range of RM 135K to RM 214K, and a typical market range of RM 135K to RM 220K.

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

The median PSF stands at RM 320, with core pricing between RM 268 and RM 372. Market pricing typically extends from RM 278.00 to RM 362.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 52 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU AIR ITAM, Timur Laut, Penang

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