Jalan Air Itam

Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 2,365,000
PSF
RM 486
Price Size
Period
transactions middle 50% (P25–P75)
1,150 sqft
2-Sty Terrace
RM 1,400,000
Jalan Satu
1,173 sqft · RM 1,193 PSF
1,750 sqft
2-Sty Terrace
RM 1,020,000
Jalan Pokok Saga
1,755 sqft · RM 581 PSF
8,500 sqft
Bungalow
RM 3,330,000
Mukim 13
8,513 sqft · RM 391 PSF
16,650 sqft
Bungalow
RM 4,550,000
Jalan Seri Bendera
16,641 sqft · RM 273 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 2,365,000

RM 486 psf

Median transaction price

Jalan Air Itam
© OpenStreetMap · CARTO

Jalan Air Itam, Ayer Itam, Pulau Pinang, Malaysia

Maps

Jalan Air Itam in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 2.37 million and a median price per square foot (PSF) of RM 486.

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 2.37 million, with most transactions falling within a stable range of RM 1.02 million to RM 3.80 million, and a typical market range of RM 2.00 million to RM 2.73 million.

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

Price per square foot shows a median of RM 486, though individual units vary from RM 132 to RM 841 in the core range. The broader market spans RM 405.27 to RM 567.27, indicating diverse property characteristics. A wider spread (IQR: RM 162.00) and deviation (MAD: RM 354) 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.