BANDAR BARU AIR ITAM

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 53 subsale transactions in 2024, with a median price of RM 155K and a median price per square foot (PSF) of RM 293.

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 155K, with most transactions falling within a stable range of RM 120K to RM 190K, and a typical market range of RM 100K to RM 210K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

The median PSF stands at RM 293, with core pricing between RM 251 and RM 335. Market pricing typically extends from RM 251.00 to RM 335.00, reflecting moderate variation in unit pricing. With an IQR of RM 84.00 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.