BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 30 subsale transactions between 2021 and 2025, with a median price of RM 939K and a median price per square foot (PSF) of RM 339.
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 939K, with most transactions falling within a stable range of RM 904K to RM 974K, and a typical market range of RM 884K to RM 994K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 339, with core pricing between RM 297 and RM 381. Market pricing typically extends from RM 297.00 to RM 381.00, 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.