|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 1
|
RM 280,000
|
RM 542
|
517 sqft
|
|
Shop |
|
Medan Angsana 4
|
RM 1,800,000
|
RM 330
|
5,447 sqft
|
|
3-Sty Shop |
|
Medan Angsana 4
|
RM 2,850,000
|
RM 523
|
5,447 sqft
|
|
3-Sty Shop |
|
Level 1
|
RM 230,000
|
RM 449
|
512 sqft
|
|
Shop |
|
Lintang Angsana
|
RM 1,570,000
|
RM 475
|
3,305 sqft
|
|
3-Sty Shop |
|
Jalan Paya Terubong
|
RM 1,500,000
|
RM 387
|
3,875 sqft
|
|
3-Sty Shop |
|
Medan Angsana
|
RM 1,480,000
|
RM 448
|
3,305 sqft
|
|
3-Sty Shop |
|
Lintang Angsana
|
RM 1,660,000
|
RM 502
|
3,305 sqft
|
|
3-Sty Shop |
Auction Properties
2 auction properties in Bandar Baru Ayer Itam
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Market Snapshot
CommercialRM 1,535,000
RM 462 psfMedian transaction price
Bandar Baru Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsBandar Baru Ayer Itam in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 1.54 million and a median price per square foot (PSF) of RM 462.
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 1.54 million, with most transactions falling within a stable range of RM 745K to RM 2.33 million, and a typical market range of RM 931K to RM 2.14 million.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 462, with core pricing between RM 396 and RM 528. Market pricing typically extends from RM 263.75 to RM 660.25, reflecting moderate variation in unit pricing. With an IQR of RM 396.50 and MAD of RM 66, 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.