BANDAR BARU AIR ITAM

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 208 subsale transactions between 2021 and 2025, with a median price of RM 150K and a median price per square foot (PSF) of RM 273.

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 150K, with most transactions falling within a stable range of RM 115K to RM 185K, and a typical market range of RM 95K to RM 205K.

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

The median PSF stands at RM 273, with core pricing between RM 231 and RM 315. Market pricing typically extends from RM 231.00 to RM 315.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 42 (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.