JALAN AIR ITAM

Area Intelligence
2023
Median Price
RM 1,315,000
PSF: RM 383

Residential PSF Trends

Median Price

RM 1,315,000

PSF: RM 383

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 383.

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 383, though individual units vary from RM 184 to RM 581 in the core range. The broader market spans RM 301.50 to RM 463.50, indicating diverse property characteristics. A wider spread (IQR: RM 162.00) and deviation (MAD: RM 199) 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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Transactions

10 transactions grouped by size

1,350 sqft
Single Storey Terraced
RM 805,000
JALAN KHOO HYE KEAT
1,335 sqft · RM 603 PSF
1,400 sqft
Double Storey Terraced
RM 1,300,000
JALAN SATU
1,399 sqft · RM 929 PSF
1,800 sqft
Single Storey Semi-D
RM 700,000
JALAN KHOO HYE KEAT
1,795 sqft · RM 390 PSF
2,600 sqft
Double Storey Semi-D
RM 1,330,000
LORONG EMPAT
2,625 sqft · RM 507 PSF
4,000 sqft
Single Storey Semi-D
RM 1,200,000
JALAN POKOK SENA
3,987 sqft · RM 301 PSF
4,600 sqft
Single Storey Semi-D
RM 1,380,000
JALAN TAMAN CANTIK
4,606 sqft · RM 300 PSF
5,750 sqft
Single Storey Semi-D
RM 1,200,000
JALAN BATU PEREMPUAN
5,741 sqft · RM 209 PSF
6,400 sqft
Bungalow
RM 2,600,000
JALAN AIR ITAM
6,406 sqft · RM 406 PSF
6,650 sqft
Double Storey Semi-D
RM 2,500,000
JALAN AYER ITAM
6,674 sqft · RM 375 PSF
8,850 sqft
Bungalow
RM 2,500,000
JALAN KHOO HYE KEAT
8,826 sqft · RM 283 PSF

No Properties For Sale

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

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