BANDAR BARU AIR ITAM-DESA MAWAR

BANDAR BARU AIR ITAM-DESA MAWAR in Timur Laut, Penang recorded 50 subsale transactions between 2021 and 2025, with a median price of RM 170K and a median price per square foot (PSF) of RM 316.

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 146K to RM 194K, and a typical market range of RM 156K to RM 184K.

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

The median PSF stands at RM 316, with core pricing between RM 272 and RM 360. Market pricing typically extends from RM 290.63 to RM 341.38, reflecting moderate variation in unit pricing. With an IQR of RM 50.75 and MAD of RM 44, 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.