BANDAR BARU AIR ITAM

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 13 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 850K and a median price per square foot (PSF) of RM 510.

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 850K, with most transactions falling within a stable range of RM 750K to RM 1.03 million, and a typical market range of RM 795K to RM 905K.

Within the Double Storey Terraced category, low-cost flat dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 510, though individual units vary from RM 402 to RM 618 in the core range. The broader market spans RM 468.00 to RM 552.00, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 108 (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.