Bandar Baru Ayer Itam

11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size · 3-Sty Shop →

Median
RM 1,597,500
PSF
RM 487
Price Size
500 sqft
Shop
RM 290,000
Level 1
517 sqft · RM 561 PSF
3,300 sqft
3-Sty Shop
RM 1,725,000
Lintang Angsana
3,305 sqft · RM 522 PSF
RM 1,470,000
Lintang Angsana
3,305 sqft · RM 445 PSF
3,900 sqft
3-Sty Shop
RM 1,750,000
Jalan Paya Terubong
3,875 sqft · RM 452 PSF
Legend Recent Highest Price Highest PSF

Auction Properties

2 auction properties in Bandar Baru Ayer Itam

No. 1B-15-6, Desa Baiduri, Jalan RU 1, Bandar Baru Ayer Itam, 11500, Ayer Itam, Pulau Pinang
Type Reserve Price Flat RM 190,000
PSF Size Auction Date - - 20 Jul 2026
Unit No. 1-9-09, Desa Ixora, Solok Angsana, 11500, Bandar Baru Ayer Itam, Pulau Pinang
Type Reserve Price Flat RM 130,000
PSF Size Auction Date RM 256.92 506 sqft 20 Jul 2026
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Market Snapshot

Commercial

RM 1,597,500

RM 487 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 4 subsale transactions between 2021 and 2026, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 487.

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 RM 1.60 million, with most transactions falling within a stable range of RM 999K to RM 1.75 million, and a typical market range of RM 994K to RM 1.75 million.

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

The median PSF stands at RM 487, with core pricing between RM 438 and RM 536. Market pricing typically extends from RM 288.56 to RM 685.06, reflecting moderate variation in unit pricing. With an IQR of RM 396.50 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.