| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 145,000
|
RM 281
|
517 sqft
|
|
|
|
Level 8
|
RM 135,000
|
RM 261
|
517 sqft
|
|
|
|
Level 14
|
RM 100,000
|
RM 195
|
512 sqft
|
|
|
|
Level 4
|
RM 105,000
|
RM 205
|
512 sqft
|
|
|
|
Level 11
|
RM 210,000
|
RM 410
|
512 sqft
|
|
|
|
Level 6
|
RM 140,000
|
RM 273
|
512 sqft
|
|
|
Level 9
|
RM 140,000
|
RM 229
|
611 sqft
|
|
|
|
Level 4
|
RM 125,000
|
RM 204
|
614 sqft
|
|
|
|
Level 15
|
RM 128,000
|
RM 209
|
611 sqft
|
|
|
|
Level 8
|
RM 145,000
|
RM 241
|
603 sqft
|
|
|
|
Level 1
|
RM 210,000
|
RM 342
|
614 sqft
|
|
|
|
Level 4
|
RM 128,000
|
RM 209
|
614 sqft
|
|
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Market Snapshot
ResidentialRM 140,000
RM 261 psfMedian transaction price
Farlim, Air Itam, Penang, Malaysia
MapsBandar Baru Air Itam in Timur Laut, Penang recorded 179 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 140K and a median price per square foot (PSF) of RM 261.
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 140K, with most transactions falling within a stable range of RM 114K to RM 166K, and a typical market range of RM 90K to RM 196K.
Within the Low-Cost Flat category, low-cost flat dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 261, with core pricing between RM 215 and RM 307. Market pricing typically extends from RM 217.79 to RM 304.79, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 46 (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. Steady transaction activity supports reliable market pricing.