BANDAR BARU AIR ITAM

Area Intelligence
Median Price
RM 240,000
PSF: RM 348

Residential PSF Trends

Median Price

RM 240,000

PSF: RM 348

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 35 subsale transactions between 2021 and 2025, with a median price of RM 240K and a median price per square foot (PSF) of RM 348.

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 240K, with most transactions falling within a stable range of RM 191K to RM 289K, and a typical market range of RM 185K to RM 295K.

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

Price per square foot shows a median of RM 348, though individual units vary from RM 277 to RM 419 in the core range. The broader market spans RM 306.00 to RM 390.00, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 71 (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

650 sqft
Flat
RM 218,000
Level 13
667 sqft · RM 327 PSF
700 sqft
RM 220,000
Level 7
692 sqft · RM 318 PSF
RM 300,000
JALAN SEMARAK API
690 sqft · RM 435 PSF
RM 200,000
Level 7
689 sqft · RM 290 PSF
RM 280,000
Level 11
689 sqft · RM 406 PSF
RM 250,000
Level 13
689 sqft · RM 363 PSF
RM 235,000
Level 11
689 sqft · RM 341 PSF
750 sqft
Flat
RM 290,000
Level 3
732 sqft · RM 396 PSF
RM 270,000
Level 5
732 sqft · RM 369 PSF
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
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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