Penang
Timur Laut
13
BANDAR BARU AIR ITAM

BANDAR BARU AIR ITAM

Area Intelligence

2021

Median Price

RM 680,000

PSF: RM 302

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Residential PSF Trends

Median Price

RM 680,000

PSF: RM 302

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 680K and a median price per square foot (PSF) of RM 302.

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 680K, with most transactions falling within a stable range of RM 600K to RM 924K, and a typical market range of RM 625K to RM 735K.

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

Price per square foot shows a median of RM 302, though individual units vary from RM 204 to RM 400 in the core range. The broader market spans RM 260.00 to RM 344.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 98) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU AIR ITAM, Timur Laut, Penang

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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

2,250 sqft

RM 600,000

JALAN ANGSANA

2,250 sqft · RM 267 PSF

Dec 2021

RM 650,000

JALAN ANGSANA

2,239 sqft · RM 290 PSF

Dec 2021

RM 1,200,000

JALAN ZOO

2,239 sqft · RM 536 PSF

Dec 2021

RM 680,000

JALAN BERIKSA

2,250 sqft · RM 302 PSF

Nov 2021

JALAN ANGSANA	RM 600,000	RM 267	2,250 sqft	Dec 2021	Single Storey Semi-D
JALAN ANGSANA	RM 650,000	RM 290	2,239 sqft	Dec 2021	Single Storey Semi-D
JALAN ZOO	RM 1,200,000	RM 536	2,239 sqft	Dec 2021	Double Storey Semi-D
JALAN BERIKSA	RM 680,000	RM 302	2,250 sqft	Nov 2021	Single Storey Semi-D