BANDAR BARU AIR ITAM

Area Intelligence
2024
Median Price
RM 900,000
PSF: RM 324

Residential PSF Trends

Median Price

RM 900,000

PSF: RM 324

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 900K and a median price per square foot (PSF) of RM 324.

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 900K, with most transactions falling within a stable range of RM 818K to RM 982K, and a typical market range of RM 845K to RM 955K.

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

The median PSF stands at RM 324, with core pricing between RM 266 and RM 382. Market pricing typically extends from RM 282.00 to RM 366.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 58 (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. 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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Transactions

3 transactions grouped by size

2,250 sqft
Double Storey Semi-D
RM 990,000
JALAN SEMARAK API
2,239 sqft · RM 442 PSF
2,500 sqft
Single Storey Semi-D
RM 790,000
JALAN BERIKSA 1
2,497 sqft · RM 316 PSF
2,800 sqft
Double Storey Semi-D
RM 900,000
JALAN RU 2
2,777 sqft · RM 324 PSF

No Properties For Sale

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

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