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Market Snapshot
ResidentialRM 120,000
RM 228 psfMedian transaction price
Desa Intan, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsBandar Baru Ayer Itam-Desa Intan in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 120K and a median price per square foot (PSF) of RM 228.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 228, with most transactions between RM 228 and RM 228. The usual range is RM 195.27 to RM 259.77, showing that most units are priced quite close to each other. With an IQR of RM 64.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.