| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Air Itam
|
RM970,000
|
RM570
|
1,701 sqft
|
|
|
Jalan Ayer Putih
|
RM990,000
|
RM270
|
3,670 sqft
|
|
|
Off Jalan Padang Tembak
|
RM17,500,000
|
RM278
|
62,925 sqft
|
|
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Nearby areas in Ayer Itam
Flat Rifle Range
Jalan Air Itam
Reservoir Garden
Ul-Residence
Kawasan Chor Sin Kheng
Taman Bukit Bendera
Taman Sri Air Itam
Sri Bendera
Jalan Zoo
Bandar Baru Ayer Itam
Jalan Sempadan
Boundary Court
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Ayer Itam
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Market Snapshot
CommercialRM970,000
RM612 psfMedian transaction price
Farlim, Air Itam, Penang, Malaysia
MapsBandar 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.
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.