Farlim

Farlim, 11500 Air Itam, Penang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM 122,500
PSF
RM 363
350 sqft
Shop
RM 130,000
Level 6
344 sqft · RM 377 PSF
RM 140,000
Level 6
355 sqft · RM 394 PSF
RM 115,000
Level 6
355 sqft · RM 324 PSF
RM 120,000
Level 6
344 sqft · RM 348 PSF
RM 115,000
Level 5
344 sqft · RM 334 PSF
RM 115,000
Level 6
355 sqft · RM 324 PSF
RM 125,000
Level 6
344 sqft · RM 363 PSF
RM 3,300,000
Level 4
24,057 sqft · RM 137 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Commercial

RM 122,500

RM 341 psf

Median transaction price

Bandar Baru Air Itam (Komplek Farlim)
© OpenStreetMap · CARTO

Farlim, Farlim, 11500 Air Itam, Penang, Malaysia

Maps

Farlim in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2026, with a median price of RM 123K and a median price per square foot (PSF) of RM 363.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 123K, with most transactions falling within a stable range of RM 115K to RM 130K, and a typical market range of RM 115K to RM 131K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 363, with most transactions between RM 343 and RM 382. The usual range is RM 341.65 to RM 384.15, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.50 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.