| Price | PSF | Size | Date | Type |
|---|
|
RM 1,725,000
|
RM 522
|
3,305 sqft
|
|
|
|
RM 1,470,000
|
RM 445
|
3,305 sqft
|
|
|
|
RM 1,580,000
|
RM 478
|
3,305 sqft
|
|
|
|
RM 1,595,000
|
RM 483
|
3,305 sqft
|
|
|
|
RM 1,780,000
|
RM 539
|
3,305 sqft
|
|
|
|
RM 1,570,000
|
RM 475
|
3,305 sqft
|
|
|
|
RM 1,660,000
|
RM 502
|
3,305 sqft
|
|
|
RM 1,750,000
|
RM 452
|
3,875 sqft
|
|
|
|
RM 1,500,000
|
RM 387
|
3,875 sqft
|
|
|
RM 1,800,000
|
RM 330
|
5,447 sqft
|
|
|
|
RM 2,850,000
|
RM 523
|
5,447 sqft
|
|
Auction Properties
2 auction properties in Bandar Baru Ayer Itam
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Market Snapshot
CommercialRM 1,480,000
RM 907 psfMedian transaction price
Bandar Baru Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsBandar Baru Ayer Itam in Timur Laut, Penang recorded 23 subsale transactions between 2021 and 2026, with a median price of RM 1.48 million and a median price per square foot (PSF) of RM 502.
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 1.48 million, with most transactions falling within a stable range of RM 1.18 million to RM 1.78 million, and a typical market range of RM 876K to RM 2.08 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 RM 502, though individual units vary from RM 304 to RM 700 in the core range. The broader market spans RM 304.09 to RM 700.59, indicating diverse property characteristics. A wider spread (IQR: RM 396.50) and deviation (MAD: RM 198) 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.