|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 3
|
RM 115,000
|
RM 224
|
513 sqft
|
|
LC Flat |
|
Level 13
|
RM 160,000
|
RM 310
|
517 sqft
|
|
LC Flat |
|
Level 7
|
RM 250,000
|
RM 363
|
689 sqft
|
|
Flat |
|
Level 9
|
RM 210,000
|
RM 305
|
689 sqft
|
|
Flat |
|
Level 16
|
RM 155,000
|
RM 254
|
609 sqft
|
|
LC Flat |
| 2021 | |||||
|
Level 11
|
RM 232,000
|
RM 317
|
732 sqft
|
|
Flat |
|
Level 12
|
RM 120,000
|
RM 234
|
512 sqft
|
|
LC Flat |
|
Level 1
|
RM 200,000
|
RM 390
|
513 sqft
|
|
LC Flat |
|
Level 3
|
RM 105,000
|
RM 203
|
517 sqft
|
|
LC Flat |
|
Level 4
|
RM 120,000
|
RM 232
|
517 sqft
|
|
LC Flat |
|
Level 10
|
RM 180,000
|
RM 348
|
517 sqft
|
|
LC Flat |
|
Level 16
|
RM 110,000
|
RM 215
|
512 sqft
|
|
LC Flat |
|
Level 9
|
RM 100,000
|
RM 194
|
517 sqft
|
|
LC Flat |
|
Level 9
|
RM 170,000
|
RM 329
|
517 sqft
|
|
LC Flat |
|
Level 7
|
RM 200,000
|
RM 290
|
689 sqft
|
|
Flat |
|
Level 7
|
RM 240,000
|
RM 348
|
689 sqft
|
|
Flat |
|
Level 12
|
RM 150,000
|
RM 293
|
512 sqft
|
|
LC Flat |
|
Level 2
|
RM 122,000
|
RM 236
|
517 sqft
|
|
LC Flat |
|
Level 11
|
RM 135,000
|
RM 261
|
517 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 147,000
RM 271 psfMedian transaction price
Farlim, Air Itam, Penang, Malaysia
MapsBandar Baru Air Itam in Timur Laut, Penang recorded 219 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 147K and a median price per square foot (PSF) of RM 271.
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 147K, with most transactions falling within a stable range of RM 100K to RM 194K, and a typical market range of RM 91K to RM 203K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 271, though individual units vary from RM 214 to RM 328 in the core range. The broader market spans RM 227.47 to RM 314.47, indicating diverse property characteristics. The spread of RM 87.00 (IQR) and deviation of RM 57 (MAD) suggest moderate price variations reflecting different property features.
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. High transaction volume ensures good market liquidity and easier price discovery.