Penang
Timur Laut
13
BANDAR BARU AIR ITAM

BANDAR BARU AIR ITAM

Area Intelligence

2021

Median Price

RM 1,100,000

PSF: RM 355

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Residential PSF Trends

Median Price

RM 1,100,000

PSF: RM 355

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 355.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 355, with most transactions between RM 355 and RM 355. The usual range is RM 313.00 to RM 397.00, showing that most units are priced quite close to each other. With an IQR of RM 84.00 and MAD of RM 0, 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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