BANDAR BARU AIR ITAM

Area Intelligence
2022
Median Price
RM 139,000
PSF: RM 261

Residential PSF Trends

Median Price

RM 139,000

PSF: RM 261

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 66 subsale transactions in 2022, with a median price of RM 139K and a median price per square foot (PSF) of RM 261.

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 139K, with most transactions falling within a stable range of RM 85K to RM 193K, and a typical market range of RM 84K to RM 194K.

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

Price per square foot shows a median of RM 261, though individual units vary from RM 200 to RM 322 in the core range. The broader market spans RM 219.00 to RM 303.00, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 61 (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. Moderate transaction volume may require patience when buying or selling.

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BANDAR BARU AIR ITAM, Timur Laut, Penang

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Transactions

66 transactions grouped by size

500 sqft
Low-Cost Flat
RM 135,000
Level 14
517 sqft · RM 261 PSF
RM 130,000
Level 15
512 sqft · RM 254 PSF
RM 120,000
Level 15
512 sqft · RM 234 PSF
RM 120,000
Level 6
517 sqft · RM 232 PSF
RM 128,000
Level 11
517 sqft · RM 248 PSF
RM 128,000
Level 7
517 sqft · RM 248 PSF
550 sqft
Low-Cost Flat
RM 140,000
Level 13
530 sqft · RM 264 PSF
600 sqft
Low-Cost Flat
RM 149,000
Level 14
611 sqft · RM 244 PSF
RM 175,000
Level 7
614 sqft · RM 285 PSF
RM 145,000
Level 15
611 sqft · RM 237 PSF
RM 150,000
Level 16
611 sqft · RM 245 PSF
RM 150,000
Level 6
614 sqft · RM 244 PSF
RM 155,000
Level 16
609 sqft · RM 254 PSF
650 sqft
Flat
RM 218,000
Level 13
667 sqft · RM 327 PSF
700 sqft
RM 290,000
Level 17
689 sqft · RM 421 PSF
RM 200,000
Level 10
689 sqft · RM 290 PSF
RM 82,000
Level 4
689 sqft · RM 119 PSF
RM 345,000
JALAN SEMARAK API
687 sqft · RM 502 PSF
RM 210,000
Level 9
689 sqft · RM 305 PSF
RM 220,000
Level 7
689 sqft · RM 319 PSF
750 sqft
Flat
RM 270,000
Level 1
732 sqft · RM 369 PSF
RM 240,000
Level 4
732 sqft · RM 328 PSF
RM 230,000
Level 4
732 sqft · RM 314 PSF

No Properties For Sale

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

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