BANDAR BARU AIR ITAM

Area Intelligence
2024
Median Price
RM 150,000
PSF: RM 285

Residential PSF Trends

Median Price

RM 150,000

PSF: RM 285

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 46 subsale transactions in 2024, with a median price of RM 150K and a median price per square foot (PSF) of RM 285.

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 150K, with most transactions falling within a stable range of RM 120K to RM 198K, and a typical market range of RM 120K to RM 205K.

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

The median PSF stands at RM 285, with core pricing between RM 230 and RM 339. Market pricing typically extends from RM 242.50 to RM 326.50, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.

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

46 transactions grouped by size

500 sqft
Low-Cost Flat
RM 155,000
Level 10
517 sqft · RM 300 PSF
RM 130,000
Level 5
517 sqft · RM 252 PSF
RM 165,000
Level 16
512 sqft · RM 322 PSF
RM 150,000
Level 11
512 sqft · RM 293 PSF
RM 200,000
Level 6
517 sqft · RM 387 PSF
RM 130,000
Level 16
512 sqft · RM 254 PSF
600 sqft
RM 128,000
Level 4
614 sqft · RM 209 PSF
RM 210,000
Level 1
614 sqft · RM 342 PSF
RM 200,000
Level 11
609 sqft · RM 328 PSF
RM 170,000
Level 14
609 sqft · RM 279 PSF
RM 130,000
Level 5
614 sqft · RM 212 PSF
RM 140,000
Level 15
614 sqft · RM 228 PSF
650 sqft
Flat
RM 225,000
Level 7
646 sqft · RM 348 PSF
RM 250,000
Level 11
646 sqft · RM 387 PSF
700 sqft
Flat
RM 200,000
Level 7
689 sqft · RM 290 PSF
RM 280,000
Level 11
689 sqft · RM 406 PSF
750 sqft
Flat
RM 290,000
Level 3
732 sqft · RM 396 PSF
850 sqft
Flat
RM 338,000
Level 3
872 sqft · RM 388 PSF

No Properties For Sale

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

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