| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 145,000
|
RM 281
|
517 sqft
|
|
|
|
Level 8
|
RM 135,000
|
RM 261
|
517 sqft
|
|
|
|
Level 14
|
RM 100,000
|
RM 195
|
512 sqft
|
|
|
|
Level 4
|
RM 105,000
|
RM 205
|
512 sqft
|
|
|
|
Level 11
|
RM 210,000
|
RM 410
|
512 sqft
|
|
|
Level 9
|
RM 140,000
|
RM 229
|
611 sqft
|
|
|
|
Level 4
|
RM 125,000
|
RM 204
|
614 sqft
|
|
|
-
|
RM 280,000
|
RM 406
|
689 sqft
|
|
Flat |
|
-
|
RM 290,000
|
RM 421
|
689 sqft
|
|
Flat |
|
Lorong Semarak Api 2
|
RM 212,000
|
RM 309
|
687 sqft
|
|
Cluster |
|
Lorong Semarak Api 5
|
RM 828,000
|
RM 377
|
2,196 sqft
|
|
|
Jalan Beriksa 1
|
RM 650,000
|
RM 290
|
2,239 sqft
|
|
|
Lorong Semarak Api 4
|
RM 1,580,000
|
RM 419
|
3,767 sqft
|
|
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Market Snapshot
ResidentialRM 210,000
RM 300 psfMedian transaction price
Farlim, Air Itam, Penang, Malaysia
MapsBandar Baru Air Itam in Timur Laut, Penang recorded 14 subsale transactions between 2021 and 2026, with a median price of RM 210K and a median price per square foot (PSF) of RM 300.
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 210K, with most transactions falling within a stable range of RM 100K to RM 607K, and a typical market range of RM 154K to RM 266K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 300, though individual units vary from RM 218 to RM 381 in the core range. The broader market spans RM 256.00 to RM 343.00, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 82) indicate significant PSF variations, likely due to diverse property types or conditions.
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.