BANDAR BARU AYER ITAM

Area Intelligence
Median Price
RM 1,587,500
PSF: RM 969

Commercial PSF Trends

Median Price

RM 1,587,500

RM 969 PSF

BANDAR BARU AYER ITAM in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 1.59 million and a median price per square foot (PSF) of RM 969.

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 1.59 million, with most transactions falling within a stable range of RM 1.33 million to RM 1.80 million, and a typical market range of RM 984K to RM 1.80 million.

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

The median PSF stands at RM 969, with core pricing between RM 839 and RM 1,098. Market pricing typically extends from RM 770.25 to RM 1,166.75, reflecting moderate variation in unit pricing. With an IQR of RM 396.50 and MAD of RM 129, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU AYER ITAM, Timur Laut, Penang

OSM

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Transactions

12 transactions grouped by size

1,200 sqft
Shop/Retail Lot
RM 780,000
Level G
1,206 sqft · RM 647 PSF
1,500 sqft
3-Storey Shop
RM 1,750,000
JALAN PAYA TERUBONG
1,518 sqft · RM 1,153 PSF
1,550 sqft
3-Storey Shop
RM 1,725,000
LINTANG ANGSANA
1,561 sqft · RM 1,105 PSF
RM 1,470,000
LINTANG ANGSANA
1,539 sqft · RM 955 PSF
RM 1,580,000
LINTANG ANGSANA
1,539 sqft · RM 1,026 PSF
RM 1,595,000
LINTANG ANGSANA
1,539 sqft · RM 1,036 PSF
RM 1,780,000
LINTANG ANGSANA
1,550 sqft · RM 1,148 PSF
RM 1,450,000
JALAN ANGSANA
1,539 sqft · RM 942 PSF
RM 1,500,000
JALAN PAYA TERUBONG
1,539 sqft · RM 975 PSF
RM 1,480,000
MEDAN ANGSANA
1,539 sqft · RM 962 PSF
1,850 sqft
3-Storey Shop
RM 1,660,000
LINTANG ANGSANA
1,830 sqft · RM 907 PSF
1,950 sqft
3-Storey Shop
RM 1,800,000
MEDAN ANGSANA 4
1,948 sqft · RM 924 PSF

No Properties For Sale

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

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