Bandar Baru Ayer Itam

Farlim, Air Itam, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Period
transactions middle 50% (P25–P75)
1,250 sqft
Shop
RM470,000
Level 2
1,227 sqft · RM383 PSF
1,700 sqft
2-Sty Shop
RM970,000
Jalan Air Itam
1,701 sqft · RM570 PSF
3,650 sqft
2-Sty Shop
RM990,000
Jalan Ayer Putih
3,670 sqft · RM270 PSF
62,900 sqft
Factory
RM17,500,000
Off Jalan Padang Tembak
62,925 sqft · RM278 PSF
Legend Recent Highest Price Highest PSF

Selling in Bandar Baru Ayer Itam? Homes here sold for a median of RM980,000.

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Market Snapshot

Commercial

RM980,000

RM498 psf

Median transaction price

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Farlim, Air Itam, Penang, Malaysia

Maps

Bandar Baru Ayer Itam in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM980K and a median price per square foot (PSF) of RM383.

Nothing is listed in Bandar Baru Ayer Itam right now. Browse properties for sale in Ayer Itam and properties for rent in Ayer Itam nearby, then use the 4 sales recorded here to judge whether an asking price is fair.

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 RM980K, with most transactions falling within a stable range of RM720K to RM1.24 million, and a typical market range of RM470K to RM3.12 million.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM383, though individual units vary from RM216 to RM550 in the core range. The broader market spans RM217.27 to RM548.77, indicating diverse property characteristics. A wider spread (IQR: RM331.50) and deviation (MAD: RM167) indicate significant PSF variations, likely due to diverse property types or conditions.

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.