BANDAR BARU AIR ITAM

Area Intelligence
2024
Median Price
RM 155,000
PSF: RM 293

Residential PSF Trends

Median Price

RM 155,000

PSF: RM 293

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 53 subsale transactions in 2024, with a median price of RM 155K and a median price per square foot (PSF) of RM 293.

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 155K, with most transactions falling within a stable range of RM 760K to RM 246K, and a typical market range of RM 760K to RM 210K.

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

Price per square foot shows a median of RM 293, though individual units vary from RM 217 to RM 369 in the core range. The broader market spans RM 251.00 to RM 335.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 76) 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

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Transactions

4 transactions grouped by size

1,550 sqft
Double Storey Terraced
RM 760,000
LTG PAYA TERUBONG 3
1,539 sqft · RM 494 PSF
2,250 sqft
Double Storey Semi-D
RM 990,000
JALAN SEMARAK API
2,239 sqft · RM 442 PSF
2,500 sqft
Single Storey Semi-D
RM 790,000
JALAN BERIKSA 1
2,497 sqft · RM 316 PSF
2,800 sqft
Double Storey Semi-D
RM 900,000
JALAN RU 2
2,777 sqft · RM 324 PSF

No Properties For Sale

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

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