TAMAN BUKIT AIR ITAM Property Investment Analysis
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
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
2 - 2 1/2 Storey Terraced |
LEBUH RAMBAI 6
|
RM 1,000,000
|
RM 715.00
|
1,399 sqft
|
Nov 2024
|
1 - 1 1/2 Storey Terraced |
LORONG RAMBAI
|
RM 698,000
|
RM 540.00
|
1,293 sqft
|
Jan 2024
|
1 - 1 1/2 Storey Terraced |
LEBUH RAMBAI 3
|
RM 665,000
|
RM 486.00
|
1,367 sqft
|
Jul 2022
|