BANDAR BARU AIR ITAM

Area Intelligence
2024
Median Price
RM 1,035,000
PSF: RM 331

Residential PSF Trends

Median Price

RM 1,035,000

PSF: RM 331

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 1.04 million and a median price per square foot (PSF) of RM 331.

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 1.04 million, with most transactions falling within a stable range of RM 897K to RM 1.17 million, and a typical market range of RM 980K to RM 1.09 million.

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

The median PSF stands at RM 331, with core pricing between RM 286 and RM 377. Market pricing typically extends from RM 289.00 to RM 373.00, reflecting moderate variation in unit pricing. With an IQR of RM 84.00 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.

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

OSM

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Transactions

6 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
3,200 sqft
Double Storey Semi-D
RM 1,080,000
JALAN BERIKSA 4
3,197 sqft · RM 338 PSF
3,400 sqft
Double Storey Semi-D
RM 1,210,000
LINTANG PAYA TERUBONG 4
3,412 sqft · RM 355 PSF
3,600 sqft
Double Storey Semi-D
RM 1,100,000
JALAN RU 3
3,606 sqft · RM 305 PSF

No Properties For Sale

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

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