JLN AIR ITAM Property Investment Analysis

JLN AIR ITAM in Timur Laut, Penang recorded 24 subsale transactions between 2021 and 2025, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 390.

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 1.20 million, with most transactions falling within a stable range of RM 837K to RM 1.56 million, and a typical market range of RM 901K to RM 1.50 million.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 390, though individual units vary from RM 286 to RM 495 in the core range. The broader market spans RM 301.25 to RM 478.75, indicating diverse property characteristics. A wider spread (IQR: RM 177.50) and deviation (MAD: RM 105) 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. Moderate transaction volume may require patience when buying or selling.