| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 17
|
RM 165,000
|
RM 307
|
538 sqft
|
|
LC Flat |
|
Level 8
|
RM 165,000
|
RM 307
|
538 sqft
|
|
Flat |
|
Level 9
|
RM 220,000
|
RM 409
|
538 sqft
|
|
Flat |
|
Level 16
|
RM 220,000
|
RM 409
|
538 sqft
|
|
LC Flat |
|
Level 9
|
RM 170,000
|
RM 316
|
538 sqft
|
|
LC Flat |
|
Level 19
|
RM 200,000
|
RM 372
|
538 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 170,000
RM 316 psfMedian transaction price
Desa Mawar, Farlim, 11400 Air Itam, Penang, Malaysia
MapsBandar Baru Air Itam-Desa Mawar in Timur Laut, Penang recorded 57 subsale transactions between 2021 and 2026, with a median price of RM 170K and a median price per square foot (PSF) of RM 409.
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 170K, with most transactions falling within a stable range of RM 155K to RM 185K, and a typical market range of RM 155K to RM 185K.
Most transactions involved low-cost flat, though some variety exists in the market.
For price per square foot, the median is RM 409, with most transactions between RM 381 and RM 437. The usual range is RM 380.77 to RM 436.77, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 28, 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. Moderate transaction volume may require patience when buying or selling.