BANDAR BARU AYER ITAM

Area Intelligence
Median Price
RM 1,587,500
PSF: RM 959

Commercial PSF Trends

Median Price

RM 1,587,500

RM 959 PSF

BANDAR BARU AYER ITAM in Timur Laut, Penang recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 1.59 million and a median price per square foot (PSF) of RM 959.

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 1.59 million, with most transactions falling within a stable range of RM 1.14 million to RM 2.03 million, and a typical market range of RM 984K to RM 2.19 million.

Most transactions involved shop unit/retail lot4, though some variety exists in the market.

The median PSF stands at RM 959, with core pricing between RM 791 and RM 1,126. Market pricing typically extends from RM 760.25 to RM 1,156.75, reflecting moderate variation in unit pricing. The spread of RM 396.50 (IQR) and deviation of RM 167 (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.

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BANDAR BARU AYER ITAM, Timur Laut, Penang

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Transactions

16 transactions grouped by size

1,200 sqft
Shop/Retail Lot
RM 780,000
Level G
1,206 sqft · RM 647 PSF
1,500 sqft
3-Storey Shop
RM 1,750,000
JALAN PAYA TERUBONG
1,518 sqft · RM 1,153 PSF
1,550 sqft
3-Storey Shop
RM 1,725,000
LINTANG ANGSANA
1,561 sqft · RM 1,105 PSF
RM 1,470,000
LINTANG ANGSANA
1,539 sqft · RM 955 PSF
RM 1,580,000
LINTANG ANGSANA
1,539 sqft · RM 1,026 PSF
RM 1,595,000
LINTANG ANGSANA
1,539 sqft · RM 1,036 PSF
RM 1,780,000
LINTANG ANGSANA
1,550 sqft · RM 1,148 PSF
RM 1,450,000
JALAN ANGSANA
1,539 sqft · RM 942 PSF
RM 1,500,000
JALAN PAYA TERUBONG
1,539 sqft · RM 975 PSF
RM 1,480,000
MEDAN ANGSANA
1,539 sqft · RM 962 PSF
1,850 sqft
3-Storey Shop
RM 1,660,000
LINTANG ANGSANA
1,830 sqft · RM 907 PSF
1,950 sqft
3-Storey Shop
RM 1,800,000
MEDAN ANGSANA 4
1,948 sqft · RM 924 PSF
2,050 sqft
3-Storey Shop
RM 1,570,000
LINTANG ANGSANA
2,034 sqft · RM 772 PSF
2,250 sqft
Shop/Retail Lot
RM 1,180,000
Level G
2,271 sqft · RM 520 PSF
2,700 sqft
3-Storey Shop
RM 2,850,000
MEDAN ANGSANA 4
2,680 sqft · RM 1,063 PSF
2,750 sqft
3-Storey Shop
RM 2,400,000
LEBUH RAMBAI 11
2,766 sqft · RM 868 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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