|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lintang Angsana
|
RM 1,725,000
|
RM 522
|
3,305 sqft
|
|
3-Sty Shop |
|
Lintang Angsana
|
RM 1,470,000
|
RM 445
|
3,305 sqft
|
|
3-Sty Shop |
|
Jalan Paya Terubong
|
RM 1,750,000
|
RM 452
|
3,875 sqft
|
|
3-Sty Shop |
|
Level 1
|
RM 290,000
|
RM 561
|
517 sqft
|
|
Shop |
|
Level 1
|
RM 490,000
|
RM 700
|
700 sqft
|
|
Shop |
Auction Properties
2 auction properties in Bandar Baru Ayer Itam
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Market Snapshot
CommercialRM 1,470,000
RM 522 psfMedian transaction price
Bandar Baru Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsBandar Baru Ayer Itam in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 1.47 million and a median price per square foot (PSF) of RM 522.
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 1.47 million, with most transactions falling within a stable range of RM 843K to RM 1.75 million, and a typical market range of RM 866K 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 522, with core pricing between RM 429 and RM 615. Market pricing typically extends from RM 323.76 to RM 720.26, reflecting moderate variation in unit pricing. The spread of RM 396.50 (IQR) and deviation of RM 93 (MAD) suggest moderate price variations reflecting different property features.
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.