BANDAR BARU AIR ITAM

Area Intelligence
2022
Median Price
RM 148,000
PSF: RM 268

Residential PSF Trends

Median Price

RM 148,000

PSF: RM 268

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 80 subsale transactions in 2022, with a median price of RM 148K and a median price per square foot (PSF) of RM 268.

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 148K, with most transactions falling within a stable range of RM 750K to RM 292K, and a typical market range of RM 750K to RM 203K.

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

Price per square foot shows a median of RM 268, though individual units vary from RM 143 to RM 392 in the core range. The broader market spans RM 225.50 to RM 309.50, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 125) 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

12 transactions grouped by size

1,350 sqft
Double Storey Terraced
RM 900,000
LORONG SEMARAK API 4
1,356 sqft · RM 664 PSF
1,450 sqft
Double Storey Terraced
RM 800,000
LORONG RU 1
1,432 sqft · RM 559 PSF
1,550 sqft
Double Storey Terraced
RM 750,000
JALAN BERIKSA 3
1,539 sqft · RM 487 PSF
RM 800,000
JALAN BERIKSA 4
1,539 sqft · RM 520 PSF
1,650 sqft
Double Storey Terraced
RM 750,000
JALAN TEOCHEW
1,625 sqft · RM 461 PSF
2,250 sqft
RM 830,000
JALAN BERIKSA SATU
2,250 sqft · RM 369 PSF
RM 1,300,000
JALAN ZOO
2,239 sqft · RM 581 PSF
RM 765,000
JALAN BERIKSA SATU
2,250 sqft · RM 340 PSF
2,650 sqft
Double Storey Semi-D
RM 910,000
JALAN SEMARAK API
2,648 sqft · RM 344 PSF
2,750 sqft
Double Storey Semi-D
RM 850,000
JALAN SEMARAK API 1
2,766 sqft · RM 307 PSF
3,200 sqft
Double Storey Terraced
RM 850,000
LINTANG PAYA TERUBONG 3
3,197 sqft · RM 266 PSF
3,300 sqft
Single Storey Terraced
RM 968,000
JALAN TEOCHEW 2
3,305 sqft · RM 293 PSF

No Properties For Sale

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

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