BANDAR BARU AIR ITAM

Area Intelligence
2021
Median Price
RM 870,000
PSF: RM 329

Residential PSF Trends

Median Price

RM 870,000

PSF: RM 329

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 6 subsale transactions in 2021, with a median price of RM 870K and a median price per square foot (PSF) of RM 329.

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 870K, with most transactions falling within a stable range of RM 627K to RM 1.11 million, and a typical market range of RM 815K to RM 925K.

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

Price per square foot shows a median of RM 329, though individual units vary from RM 239 to RM 418 in the core range. The broader market spans RM 286.50 to RM 370.50, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 89) 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

6 transactions grouped by size

2,250 sqft
RM 600,000
JALAN ANGSANA
2,250 sqft · RM 267 PSF
RM 650,000
JALAN ANGSANA
2,239 sqft · RM 290 PSF
RM 1,200,000
JALAN ZOO
2,239 sqft · RM 536 PSF
RM 680,000
JALAN BERIKSA
2,250 sqft · RM 302 PSF
2,850 sqft
Double Storey Semi-D
RM 1,060,000
JALAN ZOO (JALAN RU)
2,863 sqft · RM 370 PSF
3,100 sqft
Double Storey Terraced
RM 1,100,000
JALAN RU
3,100 sqft · RM 355 PSF

No Properties For Sale

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

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