BANDAR BARU AIR ITAM

Area Intelligence
2023
Median Price
RM 1,000,000
PSF: RM 492

Residential PSF Trends

Median Price

RM 1,000,000

PSF: RM 492

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 492.

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 1.00 million, with most transactions falling within a stable range of RM 786K to RM 1.20 million, and a typical market range of RM 945K to RM 1.06 million.

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

Price per square foot shows a median of RM 492, though individual units vary from RM 374 to RM 610 in the core range. The broader market spans RM 450.00 to RM 534.00, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 118 (MAD) suggest moderate price variations reflecting different property features.

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

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Transactions

9 transactions grouped by size

1,550 sqft
Double Storey Terraced
RM 878,000
JALAN RU 3
1,539 sqft · RM 570 PSF
RM 780,000
JALAN BERIKSA 4
1,528 sqft · RM 510 PSF
1,900 sqft
Double Storey Terraced
RM 1,200,000
SOLOK ZOO 1
1,894 sqft · RM 633 PSF
2,250 sqft
RM 1,200,000
JALAN ZOO
2,239 sqft · RM 536 PSF
RM 600,000
JALAN ANGSANA
2,239 sqft · RM 268 PSF
2,400 sqft
Double Storey Semi-D
RM 1,180,000
LEBUHRAYA THEAN TEIK
2,400 sqft · RM 492 PSF
2,550 sqft
Double Storey Semi-D
RM 1,000,000
LTG PAYA TERUBONG 4
2,562 sqft · RM 390 PSF
RM 1,200,000
LINTANG PAYA TERUBONG 4
2,562 sqft · RM 468 PSF
2,850 sqft
Single Storey Semi-D
RM 800,000
JALAN BERIKSA 2
2,874 sqft · RM 278 PSF

No Properties For Sale

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

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