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 1.08 million to RM 212K, and a typical market range of RM 1.08 million to RM 210K.

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

For price per square foot, the median is RM 293, with most transactions between RM 272 and RM 314. The usual range is RM 251.00 to RM 335.00, showing that most units are priced quite close to each other. With an IQR of RM 84.00 and MAD of RM 21, 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. Moderate transaction volume may require patience when buying or selling.

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BANDAR BARU AIR ITAM, Timur Laut, Penang

OSM

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Transactions

3 transactions grouped by size

3,200 sqft
Double Storey Semi-D
RM 1,080,000
JALAN BERIKSA 4
3,197 sqft · RM 338 PSF
3,400 sqft
Double Storey Semi-D
RM 1,210,000
LINTANG PAYA TERUBONG 4
3,412 sqft · RM 355 PSF
3,600 sqft
Double Storey Semi-D
RM 1,100,000
JALAN RU 3
3,606 sqft · RM 305 PSF

No Properties For Sale

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

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