LIST

Penang, Timur Laut, 13

BANDAR BARU AYER ITAM

Area Intelligence
Median Price
RM 280,000
PSF: RM 542
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Commercial PSF Trends

Median Price

RM 280,000

RM 542 PSF

BANDAR BARU AYER ITAM in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 542.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 223K to RM 290K, and a typical market range of RM 138K to RM 290K.

Most transactions involved shop unit/retail lot4, though some variety exists in the market.

The median PSF stands at RM 542, with core pricing between RM 446 and RM 638. Market pricing typically extends from RM 343.75 to RM 740.25, reflecting moderate variation in unit pricing. The spread of RM 396.50 (IQR) and deviation of RM 96 (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 AYER ITAM, Timur Laut, Penang

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Transactions

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
450 sqft
Shop/Retail Lot
RM 138,000
Level 1
456 sqft · RM 303 PSF
500 sqft
Shop/Retail Lot
RM 290,000
Level 1
517 sqft · RM 561 PSF
RM 280,000
Level 1
517 sqft · RM 542 PSF
RM 280,000
Level 1
517 sqft · RM 542 PSF
RM 230,000
Level 1
512 sqft · RM 449 PSF

No Properties For Sale

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

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