BANDAR BARU AIR ITAM-DESA MAWAR

BANDAR BARU AIR ITAM-DESA MAWAR in Timur Laut, Penang recorded 10 subsale transactions in 2024, with a median price of RM 174K and a median price per square foot (PSF) of RM 324.

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 174K, with most transactions falling within a stable range of RM 159K to RM 189K, and a typical market range of RM 160K to RM 188K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 324, with most transactions between RM 296 and RM 352. The usual range is RM 298.13 to RM 348.88, showing that most units are priced quite close to each other. With an IQR of RM 50.75 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. Limited transaction history suggests carefully evaluating comparable sales data.