Area Intelligence

BANDAR BARU AIR ITAM

12 properties
Double Storey Terraced
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Median Price
RM 825,000
PSF: RM 515

Residential Market

Median Price

RM 825,000

IQR: RM 86
MAD: RM 42
RM 515 PSF 0.0%

PSF Trends (2021-2025)

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 12 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 825K and a median price per square foot (PSF) of RM 515.

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 825K, with most transactions falling within a stable range of RM 750K to RM 1.01 million, and a typical market range of RM 770K to RM 880K.

Within the Double Storey Terraced category, low-cost flat dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 515, though individual units vary from RM 408 to RM 622 in the core range. The broader market spans RM 473.00 to RM 557.00, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 107 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BARU AIR ITAM, Timur Laut, Penang

OSM

Transactions

12 properties grouped by size

1,350 sqft
1 units Double Storey Terraced
RM 900,000
LORONG SEMARAK API 4
1,356 sqft · RM 664.00 PSF
Jul 2022
1,450 sqft
1 units Double Storey Terraced
RM 800,000
LORONG RU 1
1,432 sqft · RM 559.00 PSF
Dec 2022
1,550 sqft
5 units Double Storey Terraced
RM 760,000
LTG PAYA TERUBONG 3
1,539 sqft · RM 494.00 PSF
Oct 2024
RM 878,000
JALAN RU 3
1,539 sqft · RM 570.00 PSF
Jun 2023
RM 780,000
JLN BERIKSA 4
1,528 sqft · RM 510.00 PSF
Apr 2023
RM 750,000
JLN BERIKSA 3
1,539 sqft · RM 487.00 PSF
Sep 2022
RM 800,000
JLN BERIKSA 4
1,539 sqft · RM 520.00 PSF
Feb 2022
1,650 sqft
1 units Double Storey Terraced
RM 750,000
JLN TEOCHEW
1,625 sqft · RM 461.00 PSF
Jan 2022
1,900 sqft
1 units Double Storey Terraced
RM 1,200,000
SOLOK ZOO 1
1,894 sqft · RM 633.00 PSF
Jul 2023
2,250 sqft
1 units Double Storey Terraced
RM 1,300,000
JALAN ZOO
2,239 sqft · RM 581.00 PSF
Jul 2022
3,100 sqft
1 units Double Storey Terraced
RM 1,100,000
JALAN RU
3,100 sqft · RM 355.00 PSF
Nov 2021
3,200 sqft
1 units Double Storey Terraced
RM 850,000
LINTANG PAYA TERUBONG 3
3,197 sqft · RM 266.00 PSF
Dec 2022