BANDAR BARU AIR ITAM

Area Intelligence
2025
Median Price
RM 165,000
PSF: RM 320

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 291K, and a typical market range of RM 900K to RM 220K.

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

Price per square foot shows a median of RM 320, though individual units vary from RM 231 to RM 409 in the core range. The broader market spans RM 278.00 to RM 362.00, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU AIR ITAM, Timur Laut, Penang

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Transactions

3 transactions grouped by size

2,250 sqft
Double Storey Semi-D
RM 1,200,000
JALAN ANGSANA
2,239 sqft · RM 536 PSF
2,600 sqft
Double Storey Terraced
RM 990,000
LORONG SEMARAK API 5
2,583 sqft · RM 383 PSF
2,800 sqft
Double Storey Semi-D
RM 900,000
JALAN ZOO
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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