BANDAR BARU AIR ITAM

Area Intelligence
Median Price
RM 1,090,000
PSF: RM 322

Residential PSF Trends

Median Price

RM 1,090,000

PSF: RM 322

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 1.09 million and a median price per square foot (PSF) of RM 322.

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 1.09 million, with most transactions falling within a stable range of RM 1.06 million to RM 1.13 million, and a typical market range of RM 1.04 million to RM 1.15 million.

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

The median PSF stands at RM 322, with core pricing between RM 280 and RM 364. Market pricing typically extends from RM 279.50 to RM 363.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU AIR ITAM, Timur Laut, Penang

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