JALAN AIR ITAM

Area Intelligence
2024
Median Price
RM 720,000
PSF: RM 450

Residential PSF Trends

Median Price

RM 720,000

PSF: RM 450

JALAN AIR ITAM in Timur Laut, Penang recorded 3 subsale transactions in 2024, priced between RM 500K and RM 750K, with a median price of RM 720K and a median price per square foot (PSF) of RM 450.

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 720K, with most transactions falling within a stable range of RM 657K to RM 745K, and a typical market range of RM 600K to RM 745K.

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

Price per square foot shows a median of RM 450, though individual units vary from RM 343 to RM 556 in the core range. The broader market spans RM 368.53 to RM 530.53, indicating diverse property characteristics. The spread of RM 162.00 (IQR) and deviation of RM 107 (MAD) suggest moderate price variations reflecting different property features.

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

3 transactions grouped by size

1,350 sqft
Single Storey Terraced
RM 600,000
JALAN KHOO HYE KEAT
1,335 sqft · RM 450 PSF
RM 720,000
JALAN KHOO HYE KEAT
1,335 sqft · RM 539 PSF
2,650 sqft
Single Storey Semi-D
RM 745,000
JALAN BATU PEREMPUAN
2,639 sqft · RM 282 PSF

No Properties For Sale

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

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