BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 24 subsale transactions between 2021 and 2025, with a median price of RM 900K and a median price per square foot (PSF) of RM 342.
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 900K, with most transactions falling within a stable range of RM 865K to RM 935K, and a typical market range of RM 845K to RM 955K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 342, with core pricing between RM 300 and RM 384. Market pricing typically extends from RM 300.00 to RM 384.00, reflecting moderate variation in unit pricing. With an IQR of RM 84.00 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Moderate transaction volume may require patience when buying or selling.