BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 30 subsale transactions between 2021 and 2025, with a median price of RM 939K and a median price per square foot (PSF) of RM 339.
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 939K, with most transactions falling within a stable range of RM 727K to RM 1.15 million, and a typical market range of RM 884K to RM 994K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 339, though individual units vary from RM 247 to RM 431 in the core range. The broader market spans RM 297.00 to RM 381.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 92) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.
