Penang
Timur Laut
Ayer Itam
JALAN AIR ITAM

JALAN AIR ITAM

Area Intelligence

2024

Median Price

RM 868,000

PSF: RM 593

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Residential PSF Trends

Median Price

RM 868,000

PSF: RM 593

JALAN AIR ITAM in Timur Laut, Penang recorded 1 subsale transactions in 2024, priced between RM 750K and RM 1.00 million, with a median price of RM 868K and a median price per square foot (PSF) of RM 593.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 593, with most transactions between RM 593 and RM 593. The usual range is RM 511.94 to RM 673.94, showing that most units are priced quite close to each other. With an IQR of RM 162.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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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