| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Matang Kuching
|
RM 1,250,000
|
RM 233
|
5,356 sqft
|
|
|
Jalan Air Itam
|
RM 2,600,000
|
RM 406
|
6,406 sqft
|
|
|
Hill Railway Road
|
RM 3,250,000
|
RM 383
|
8,494 sqft
|
|
|
|
Mukim 13
|
RM 3,330,000
|
RM 391
|
8,513 sqft
|
|
|
Jalan Khoo Hye Keat
|
RM 2,500,000
|
RM 283
|
8,826 sqft
|
|
|
Jalan Seri Bendera
|
RM 4,550,000
|
RM 273
|
16,641 sqft
|
|
|
Jalan Air Itam
|
RM 125,000
|
RM 0
|
2,629,372 sqft
|
|
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Market Snapshot
ResidentialRM 2,600,000
RM 283 psfMedian transaction price
Jalan Air Itam, Ayer Itam, Pulau Pinang, Malaysia
MapsJalan Air Itam in Timur Laut, Penang recorded 7 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM 2.60 million and a median price per square foot (PSF) of RM 283.
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 2.60 million, with most transactions falling within a stable range of RM 1.25 million to RM 3.95 million, and a typical market range of RM 2.23 million to RM 2.97 million.
Within the Bungalow category, detached dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 283, though individual units vary from RM 153 to RM 414 in the core range. The broader market spans RM 202.24 to RM 364.24, indicating diverse property characteristics. A wider spread (IQR: RM 162.00) and deviation (MAD: RM 131) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.