BANDAR BARU AIR ITAM

Area Intelligence
2021
Median Price
RM 142,500
PSF: RM 276

Residential PSF Trends

Median Price

RM 142,500

PSF: RM 276

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 14 subsale transactions in 2021, with a median price of RM 143K and a median price per square foot (PSF) of RM 276.

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 143K, with most transactions falling within a stable range of RM 100K to RM 188K, and a typical market range of RM 100K to RM 198K.

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

Price per square foot shows a median of RM 276, though individual units vary from RM 216 to RM 335 in the core range. The broader market spans RM 233.50 to RM 317.50, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 60 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU AIR ITAM, Timur Laut, Penang

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Transactions

14 transactions grouped by size

500 sqft
Low-Cost Flat
RM 120,000
Level 12
512 sqft · RM 234 PSF
RM 200,000
Level 1
513 sqft · RM 390 PSF
RM 105,000
Level 3
517 sqft · RM 203 PSF
RM 120,000
Level 4
517 sqft · RM 232 PSF
RM 180,000
Level 10
517 sqft · RM 348 PSF
RM 110,000
Level 16
512 sqft · RM 215 PSF
700 sqft
Flat
RM 200,000
Level 7
689 sqft · RM 290 PSF
RM 240,000
Level 7
689 sqft · RM 348 PSF
750 sqft
Flat
RM 232,000
Level 11
732 sqft · RM 317 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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