BANDAR BARU AIR ITAM

Area Intelligence
2022
Median Price
RM 830,000
PSF: RM 340

Residential PSF Trends

Median Price

RM 830,000

PSF: RM 340

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 830K and a median price per square foot (PSF) of RM 340.

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 830K, with most transactions falling within a stable range of RM 610K to RM 1.05 million, and a typical market range of RM 775K to RM 885K.

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

Price per square foot shows a median of RM 340, though individual units vary from RM 240 to RM 440 in the core range. The broader market spans RM 298.00 to RM 382.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 100) 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

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Transactions

7 transactions grouped by size

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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