JALAN AIR ITAM in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 884K and a median price per square foot (PSF) of RM 479.
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 884K, with most transactions falling within a stable range of RM 489K to RM 1.28 million, and a typical market range of RM 517K to RM 1.25 million.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 479, though individual units vary from RM 377 to RM 581 in the core range. The broader market spans RM 397.50 to RM 559.50, indicating diverse property characteristics. The spread of RM 162.00 (IQR) and deviation of RM 102 (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.