BANDAR BARU AIR ITAM

Area Intelligence
2023
Median Price
RM 1,090,000
PSF: RM 429

Residential PSF Trends

Median Price

RM 1,090,000

PSF: RM 429

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 1.09 million and a median price per square foot (PSF) of RM 429.

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 1.09 million, with most transactions falling within a stable range of RM 862K to RM 1.20 million, and a typical market range of RM 1.04 million to RM 1.15 million.

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

Price per square foot shows a median of RM 429, though individual units vary from RM 326 to RM 532 in the core range. The broader market spans RM 387.00 to RM 471.00, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 103 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU AIR ITAM, Timur Laut, Penang

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Transactions

6 transactions grouped by size

2,250 sqft
RM 1,200,000
JALAN ZOO
2,239 sqft · RM 536 PSF
RM 600,000
JALAN ANGSANA
2,239 sqft · RM 268 PSF
2,400 sqft
Double Storey Semi-D
RM 1,180,000
LEBUHRAYA THEAN TEIK
2,400 sqft · RM 492 PSF
2,550 sqft
Double Storey Semi-D
RM 1,000,000
LTG PAYA TERUBONG 4
2,562 sqft · RM 390 PSF
RM 1,200,000
LINTANG PAYA TERUBONG 4
2,562 sqft · RM 468 PSF
2,850 sqft
Single Storey Semi-D
RM 800,000
JALAN BERIKSA 2
2,874 sqft · RM 278 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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