Bandar Baru Ayer Itam

11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

14 subsales grouped by size

Median
RM 1,627,500
PSF
RM 477
Price Size
2,750 sqft
3-Sty Shop
RM 2,400,000
Lebuh Rambai 11
2,766 sqft · RM 868 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
RM 1,580,000
Lintang Angsana
3,305 sqft · RM 478 PSF
RM 1,595,000
Lintang Angsana
3,305 sqft · RM 483 PSF
RM 1,780,000
Lintang Angsana
3,305 sqft · RM 539 PSF
RM 1,450,000
Jalan Angsana
3,305 sqft · RM 439 PSF
+3 more
3,900 sqft
3-Sty Shop
RM 1,750,000
Jalan Paya Terubong
3,875 sqft · RM 452 PSF
RM 1,500,000
Jalan Paya Terubong
3,875 sqft · RM 387 PSF
5,450 sqft
3-Sty Shop
RM 1,800,000
Medan Angsana 4
5,447 sqft · RM 330 PSF
RM 2,850,000
Medan Angsana 4
5,447 sqft · RM 523 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 1,627,500

RM 477 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 14 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 1.63 million and a median price per square foot (PSF) of RM 477.

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 1.63 million, with most transactions falling within a stable range of RM 1.45 million to RM 2.01 million, and a typical market range of RM 1.45 million to RM 2.23 million.

Within the 3-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 477, though individual units vary from RM 360 to RM 594 in the core range. The broader market spans RM 278.37 to RM 674.87, indicating diverse property characteristics. The spread of RM 396.50 (IQR) and deviation of RM 117 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.