BANDAR BARU AIR ITAM

Area Intelligence
Median Price
RM 160,000
PSF: RM 261

Residential PSF Trends

Median Price

RM 160,000

PSF: RM 261

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 35 subsale transactions between 2021 and 2025, with a median price of RM 160K 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 160K, with most transactions falling within a stable range of RM 131K to RM 189K, and a typical market range of RM 128K to RM 215K.

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

The median PSF stands at RM 261, with core pricing between RM 216 and RM 306. Market pricing typically extends from RM 219.00 to RM 303.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 45 (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

35 transactions grouped by size

600 sqft
RM 145,000
Level 8
603 sqft · RM 241 PSF
RM 128,000
Level 4
614 sqft · RM 209 PSF
RM 210,000
Level 1
614 sqft · RM 342 PSF
RM 200,000
Level 11
609 sqft · RM 328 PSF
RM 170,000
Level 14
609 sqft · RM 279 PSF
RM 140,000
Level 15
614 sqft · RM 228 PSF
650 sqft
Flat
RM 225,000
Level 7
646 sqft · RM 348 PSF
RM 250,000
Level 11
646 sqft · RM 387 PSF

No Properties For Sale

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

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