Bandar Baru Air Itam

Farlim, Air Itam, Penang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM 300,000
PSF
RM 435
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Cluster
RM 212,000
Lorong Semarak Api 2
687 sqft · RM 309 PSF
RM 300,000
Jalan Semarak Api
690 sqft · RM 435 PSF
RM 350,000
Jalan Semarak Api
690 sqft · RM 507 PSF
RM 250,000
Jalan Semarak Api 1
687 sqft · RM 364 PSF
RM 300,000
Jalan Semarak Api
689 sqft · RM 435 PSF
RM 345,000
Jalan Semarak Api
687 sqft · RM 502 PSF
RM 200,000
Jalan Semarak Api
687 sqft · RM 291 PSF
RM 300,000
Jalan Semarak Api
690 sqft · RM 435 PSF
8
transactions

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Market Snapshot

Residential

RM 300,000

RM 435 psf

Median transaction price

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Farlim, Air Itam, Penang, Malaysia

Maps

Bandar Baru Air Itam in Timur Laut, Penang recorded 8 Cluster House properties subsale transactions between 2021 and 2026, with a median price of RM 300K and a median price per square foot (PSF) of RM 435.

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 300K, with most transactions falling within a stable range of RM 247K to RM 350K, and a typical market range of RM 244K to RM 350K.

Within the Cluster House category, low-cost flat dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 435, with core pricing between RM 359 and RM 511. Market pricing typically extends from RM 391.30 to RM 478.30, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 76 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.