| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 14
|
RM 135,000
|
RM 261
|
517 sqft
|
|
|
|
Level 15
|
RM 120,000
|
RM 234
|
512 sqft
|
|
|
|
Level 15
|
RM 130,000
|
RM 254
|
512 sqft
|
|
|
|
Level 6
|
RM 120,000
|
RM 232
|
517 sqft
|
|
|
|
Level 16
|
RM 100,000
|
RM 195
|
512 sqft
|
|
|
|
Level 11
|
RM 128,000
|
RM 248
|
517 sqft
|
|
|
Level 14
|
RM 149,000
|
RM 244
|
611 sqft
|
|
|
|
Level 15
|
RM 145,000
|
RM 237
|
611 sqft
|
|
|
|
Level 7
|
RM 175,000
|
RM 285
|
614 sqft
|
|
|
|
Level 6
|
RM 150,000
|
RM 244
|
614 sqft
|
|
|
|
Level 16
|
RM 150,000
|
RM 245
|
611 sqft
|
|
|
|
Level 16
|
RM 155,000
|
RM 254
|
609 sqft
|
|
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Market Snapshot
ResidentialRM 148,000
RM 269 psfMedian transaction price
Farlim, Air Itam, Penang, Malaysia
MapsBandar Baru Air Itam in Timur Laut, Penang recorded 80 subsale transactions in 2022, with a median price of RM 148K and a median price per square foot (PSF) of RM 269.
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 148K, with most transactions falling within a stable range of RM 82K to RM 419K, and a typical market range of RM 92K to RM 204K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 269, though individual units vary from RM 153 to RM 384 in the core range. The broader market spans RM 225.17 to RM 312.17, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 115) indicate significant PSF variations, likely due to diverse property types or conditions.
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.