Penang
Timur Laut
13
BANDAR BARU AIR ITAM

BANDAR BARU AIR ITAM

Area Intelligence

2025

Median Price

RM 165,000

PSF: RM 320

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Residential PSF Trends

Median Price

RM 165,000

PSF: RM 320

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 13 subsale transactions in 2025, with a median price of RM 165K and a median price per square foot (PSF) of RM 320.

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 165K, with most transactions falling within a stable range of RM 900K to RM 210K, and a typical market range of RM 900K to RM 220K.

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

For price per square foot, the median is RM 320, with most transactions between RM 291 and RM 350. The usual range is RM 278.00 to RM 362.00, showing that most units are priced quite close to each other. With an IQR of RM 84.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU AIR ITAM, Timur Laut, Penang

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