| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Khoo Hye Keat
|
RM 805,000
|
RM 603
|
1,335 sqft
|
|
|
Jalan Khoo Hye Keat
|
RM 700,000
|
RM 390
|
1,795 sqft
|
|
|
Jalan Satu
|
RM 1,300,000
|
RM 575
|
2,260 sqft
|
|
|
Lorong Empat
|
RM 1,330,000
|
RM 507
|
2,625 sqft
|
|
|
Jalan Pokok Sena
|
RM 1,200,000
|
RM 301
|
3,987 sqft
|
|
|
Jalan Taman Cantik
|
RM 1,380,000
|
RM 300
|
4,606 sqft
|
|
|
Jalan Batu Perempuan
|
RM 1,200,000
|
RM 209
|
5,741 sqft
|
|
|
Jalan Air Itam
|
RM 2,600,000
|
RM 406
|
6,406 sqft
|
|
|
Jalan Ayer Itam
|
RM 2,500,000
|
RM 375
|
6,674 sqft
|
|
|
Jalan Khoo Hye Keat
|
RM 2,500,000
|
RM 283
|
8,826 sqft
|
|
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Market Snapshot
ResidentialRM 1,315,000
RM 382 psfMedian transaction price
Jalan Air Itam, Ayer Itam, Pulau Pinang, Malaysia
MapsJalan Air Itam in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 1.32 million and a median price per square foot (PSF) of RM 382.
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 1.32 million, with most transactions falling within a stable range of RM 700K to RM 1.99 million, and a typical market range of RM 948K to RM 1.68 million.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 382, though individual units vary from RM 258 to RM 506 in the core range. The broader market spans RM 301.29 to RM 463.29, indicating diverse property characteristics. A wider spread (IQR: RM 162.00) and deviation (MAD: RM 124) 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.