BANDAR BARU AIR ITAM-DESA MAWAR

BANDAR BARU AIR ITAM-DESA MAWAR in Timur Laut, Penang recorded 18 subsale transactions in 2023, with a median price of RM 169K and a median price per square foot (PSF) of RM 314.

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 169K, with most transactions falling within a stable range of RM 154K to RM 184K, and a typical market range of RM 155K to RM 183K.

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

For price per square foot, the median is RM 314, with most transactions between RM 286 and RM 342. The usual range is RM 288.63 to RM 339.38, 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.