TAMAN BUKIT AIR ITAM Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 698,000
CAGR
+13.0%
Median PSF
RM 540.00
CAGR
+13.6%
Transactions
3
Period
2022-2024

TAMAN BUKIT AIR ITAM in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 698K and a median price per square foot (PSF) of RM 540.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 698K, with most transactions falling within a stable range of RM 665K to RM 731K, and a typical market range of RM 665K to RM 782K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 540, with core pricing between RM 486 and RM 594. Market pricing typically extends from RM 482.75 to RM 597.25, reflecting moderate variation in unit pricing. With an IQR of RM 114.50 and MAD of RM 54, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

3 found
2 - 2 1/2 Storey Terraced
LEBUH RAMBAI 6
RM 1,000,000
PSF: RM 715.00
Area: 1,399 sqft
Date: Nov 2024
1 - 1 1/2 Storey Terraced
LORONG RAMBAI
RM 698,000
PSF: RM 540.00
Area: 1,293 sqft
Date: Jan 2024
1 - 1 1/2 Storey Terraced
LEBUH RAMBAI 3
RM 665,000
PSF: RM 486.00
Area: 1,367 sqft
Date: Jul 2022