JALAN AIR ITAM

Area Intelligence
2023
Median Price
RM 1,315,000
PSF: RM 382

Residential PSF Trends

Median Price

RM 1,315,000

PSF: RM 382

JALAN AIR ITAM in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 1.32 million and a median price per square foot (PSF) of RM 382.

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 1.32 million, with most transactions falling within a stable range of RM 700K to RM 1.99 million, and a typical market range of RM 948K to RM 1.68 million.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 382, though individual units vary from RM 258 to RM 506 in the core range. The broader market spans RM 301.29 to RM 463.29, indicating diverse property characteristics. A wider spread (IQR: RM 162.00) and deviation (MAD: RM 124) 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.

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JALAN AIR ITAM, Timur Laut, Penang

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Property Transactions

10 transactions grouped by road

1,335 - 8,826 sqft
RM 700,000
1,795 sqft
RM 390 PSF · Single Storey Semi-D
RM 2,500,000
8,826 sqft
RM 283 PSF · Bungalow
RM 805,000
1,335 sqft
RM 603 PSF · Single Storey Terraced
RM 2,600,000
6,406 sqft
RM 406 PSF
RM 1,330,000
2,625 sqft
RM 507 PSF
RM 1,380,000
4,606 sqft
RM 300 PSF
RM 2,500,000
6,674 sqft
RM 375 PSF
RM 1,200,000
5,741 sqft
RM 209 PSF
RM 1,200,000
3,987 sqft
RM 301 PSF
RM 1,300,000
2,260 sqft
RM 575 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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