| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 09
|
RM 210,000
|
RM 325
|
646 sqft
|
|
|
|
Level 7
|
RM 225,000
|
RM 348
|
646 sqft
|
|
|
|
Level 11
|
RM 250,000
|
RM 387
|
646 sqft
|
|
|
|
Level 13
|
RM 218,000
|
RM 327
|
667 sqft
|
|
|
Level 8
|
RM 290,000
|
RM 421
|
689 sqft
|
|
|
|
Level 5
|
RM 280,000
|
RM 406
|
689 sqft
|
|
|
|
Level 7
|
RM 220,000
|
RM 318
|
692 sqft
|
|
|
|
Level 7
|
RM 200,000
|
RM 290
|
689 sqft
|
|
|
|
Level 11
|
RM 280,000
|
RM 406
|
689 sqft
|
|
|
|
Level 13
|
RM 250,000
|
RM 363
|
689 sqft
|
|
|
Level 3
|
RM 290,000
|
RM 396
|
732 sqft
|
|
|
|
Level 5
|
RM 270,000
|
RM 369
|
732 sqft
|
|
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Market Snapshot
ResidentialRM 239,000
RM 343 psfMedian transaction price
Farlim, Air Itam, Penang, Malaysia
MapsBandar Baru Air Itam in Timur Laut, Penang recorded 38 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 239K and a median price per square foot (PSF) of RM 343.
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 239K, with most transactions falling within a stable range of RM 187K to RM 291K, and a typical market range of RM 183K to RM 295K.
Within the Flat category, low-cost flat dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 343, with core pricing between RM 284 and RM 403. Market pricing typically extends from RM 299.81 to RM 386.81, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 60 (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. Moderate transaction volume may require patience when buying or selling.