JALAN AIR ITAM

Area Intelligence
2023
Median Price
RM 805,000
PSF: RM 603

Residential PSF Trends

Median Price

RM 805,000

PSF: RM 603

JALAN AIR ITAM in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 805K and a median price per square foot (PSF) of RM 603.

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 805K, with most transactions falling within a stable range of RM 700K to RM 1.07 million, and a typical market range of RM 700K to RM 1.17 million.

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

Price per square foot shows a median of RM 603, though individual units vary from RM 381 to RM 825 in the core range. The broader market spans RM 522.00 to RM 684.00, indicating diverse property characteristics. A wider spread (IQR: RM 162.00) and deviation (MAD: RM 222) 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

3 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

No Properties For Sale

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

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