BANDAR BARU AIR ITAM

Area Intelligence
2022
Median Price
RM 800,000
PSF: RM 415

Residential PSF Trends

Median Price

RM 800,000

PSF: RM 415

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 12 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 415.

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 800K, with most transactions falling within a stable range of RM 628K to RM 972K, and a typical market range of RM 745K to RM 855K.

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

Price per square foot shows a median of RM 415, though individual units vary from RM 287 to RM 543 in the core range. The broader market spans RM 373.00 to RM 457.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 128) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU AIR ITAM, Timur Laut, Penang

OSM

Track location

Transactions

12 transactions grouped by size

1,350 sqft
Double Storey Terraced
RM 900,000
LORONG SEMARAK API 4
1,356 sqft · RM 664 PSF
1,450 sqft
Double Storey Terraced
RM 800,000
LORONG RU 1
1,432 sqft · RM 559 PSF
1,550 sqft
Double Storey Terraced
RM 750,000
JALAN BERIKSA 3
1,539 sqft · RM 487 PSF
RM 800,000
JALAN BERIKSA 4
1,539 sqft · RM 520 PSF
1,650 sqft
Double Storey Terraced
RM 750,000
JALAN TEOCHEW
1,625 sqft · RM 461 PSF
2,250 sqft
RM 830,000
JALAN BERIKSA SATU
2,250 sqft · RM 369 PSF
RM 1,300,000
JALAN ZOO
2,239 sqft · RM 581 PSF
RM 600,000
JALAN ANGSANA
2,239 sqft · RM 268 PSF
RM 765,000
JALAN BERIKSA SATU
2,250 sqft · RM 340 PSF
2,300 sqft
Single Storey Semi-D
RM 600,000
JALAN BERIKSA SATU
2,293 sqft · RM 262 PSF
2,650 sqft
Double Storey Semi-D
RM 910,000
JALAN SEMARAK API
2,648 sqft · RM 344 PSF
2,750 sqft
Double Storey Semi-D
RM 850,000
JALAN SEMARAK API 1
2,766 sqft · RM 307 PSF

No Properties For Sale

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

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