TAMAN BUKIT AIR ITAM in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 849K and a median price per square foot (PSF) of RM 628.
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 849K, with most transactions falling within a stable range of RM 816K to RM 882K, and a typical market range of RM 765K to RM 933K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 628, with most transactions between RM 574 and RM 682. The usual range is RM 570.25 to RM 684.75, showing that most units are priced quite close to each other. With an IQR of RM 114.50 and MAD of RM 54, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.