Bandar Baru Ayer Itam

11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

23 subsales grouped by size · 3-Sty Shop →

Period
transactions middle 50% (P25–P75)
450 sqft
Shop
RM138,000
Level 1
456 sqft · RM303 PSF
500 sqft
Shop
RM290,000
Level 1
517 sqft · RM561 PSF
RM280,000
Level 1
517 sqft · RM542 PSF
RM280,000
Level 1
517 sqft · RM542 PSF
RM230,000
Level 1
512 sqft · RM449 PSF
700 sqft
Shop
RM490,000
Level 1
700 sqft · RM700 PSF
RM480,000
Level 1
700 sqft · RM686 PSF
1,200 sqft
Shop
RM780,000
Level G
1,206 sqft · RM647 PSF
2,250 sqft
Shop
RM1,180,000
Level G
2,271 sqft · RM520 PSF
2,750 sqft
3-Sty Shop
RM2,400,000
Lebuh Rambai 11
2,766 sqft · RM868 PSF
3,300 sqft
3-Sty Shop
RM1,725,000
Lintang Angsana
3,305 sqft · RM522 PSF
RM1,470,000
Lintang Angsana
3,305 sqft · RM445 PSF
RM1,580,000
Lintang Angsana
3,305 sqft · RM478 PSF
RM1,595,000
Lintang Angsana
3,305 sqft · RM483 PSF
RM1,780,000
Lintang Angsana
3,305 sqft · RM539 PSF
RM1,450,000
Jalan Angsana
3,305 sqft · RM439 PSF
+3 more
3,900 sqft
3-Sty Shop
RM1,750,000
Jalan Paya Terubong
3,875 sqft · RM452 PSF
RM1,500,000
Jalan Paya Terubong
3,875 sqft · RM387 PSF
5,450 sqft
3-Sty Shop
RM2,850,000
Medan Angsana 4
5,447 sqft · RM523 PSF
RM1,800,000
Medan Angsana 4
5,447 sqft · RM330 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM1,480,000

RM907 psf

Median transaction price

Bandar Baru Ayer Itam
© OpenStreetMap · CARTO

Bandar Baru Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Bandar Baru Ayer Itam in Timur Laut, Penang recorded 23 subsale transactions between 2021 and 2026, with a median price of RM1.48 million and a median price per square foot (PSF) of RM502.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.48 million, with most transactions falling within a stable range of RM1.18 million to RM1.78 million, and a typical market range of RM876K to RM2.08 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM502, though individual units vary from RM304 to RM700 in the core range. The broader market spans RM304.09 to RM700.59, indicating diverse property characteristics. A wider spread (IQR: RM396.50) and deviation (MAD: RM198) 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.