BANDAR BARU AIR ITAM

Area Intelligence
2023
Median Price
RM 160,000
PSF: RM 285

Residential PSF Trends

Median Price

RM 160,000

PSF: RM 285

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 81 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 285.

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 90K to RM 430K, and a typical market range of RM 105K to RM 215K.

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

Price per square foot shows a median of RM 285, though individual units vary from RM 196 to RM 374 in the core range. The broader market spans RM 243.00 to RM 327.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 89) indicate significant PSF variations, likely due to diverse property types or conditions.

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

OSM

Track location

Transactions

81 transactions grouped by size

500 sqft
RM 115,000
Level 12
517 sqft · RM 223 PSF
RM 150,000
Level 4
513 sqft · RM 292 PSF
RM 130,000
Level 12
512 sqft · RM 254 PSF
RM 120,000
Level 5
512 sqft · RM 234 PSF
RM 135,000
Level 4
512 sqft · RM 263 PSF
RM 150,000
Level 3
512 sqft · RM 293 PSF
600 sqft
Low-Cost Flat
RM 170,000
Level 7
611 sqft · RM 278 PSF
RM 140,000
Level 6
609 sqft · RM 230 PSF
RM 174,000
Level 14
609 sqft · RM 286 PSF
RM 160,000
Level 6
609 sqft · RM 263 PSF
RM 150,000
Level 5
614 sqft · RM 244 PSF
RM 200,000
Level 16
609 sqft · RM 328 PSF
700 sqft
RM 250,000
Level 13
689 sqft · RM 363 PSF
RM 235,000
Level 11
689 sqft · RM 341 PSF
RM 320,000
Level 14
689 sqft · RM 465 PSF
RM 220,000
Level 7
689 sqft · RM 319 PSF
RM 280,000
Level 15
689 sqft · RM 406 PSF
RM 250,000
Level 3
689 sqft · RM 363 PSF
750 sqft
Flat
RM 270,000
Level 5
732 sqft · RM 369 PSF
850 sqft
Flat
RM 330,000
Level 4
872 sqft · RM 378 PSF
950 sqft
Flat
RM 320,000
Level 2
958 sqft · RM 334 PSF
1,550 sqft
Double Storey Terraced
RM 878,000
JALAN RU 3
1,539 sqft · RM 570 PSF
RM 780,000
JALAN BERIKSA 4
1,528 sqft · RM 510 PSF
1,900 sqft
Double Storey Terraced
RM 1,200,000
SOLOK ZOO 1
1,894 sqft · RM 633 PSF
2,250 sqft
RM 1,200,000
JALAN ZOO
2,239 sqft · RM 536 PSF
RM 600,000
JALAN ANGSANA
2,239 sqft · RM 268 PSF
2,400 sqft
Double Storey Semi-D
RM 1,180,000
LEBUHRAYA THEAN TEIK
2,400 sqft · RM 492 PSF
2,550 sqft
Double Storey Semi-D
RM 1,000,000
LTG PAYA TERUBONG 4
2,562 sqft · RM 390 PSF
RM 1,200,000
LINTANG PAYA TERUBONG 4
2,562 sqft · RM 468 PSF
2,850 sqft
Single Storey Semi-D
RM 800,000
JALAN BERIKSA 2
2,874 sqft · RM 278 PSF

No Properties For Sale

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

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