SRI BENDERA Property Investment Analysis

Ayer Itam, Timur Laut, Penang

Median Price
RM 984,000
CAGR
+18.9%
Median PSF
RM 476.50
CAGR
+78.0%
Transactions
6
Period
2022-2023

SRI BENDERA in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 984K and a median price per square foot (PSF) of RM 477.

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 984K, with most transactions falling within a stable range of RM 934K to RM 1.03 million, and a typical market range of RM 946K to RM 1.02 million.

Most transactions involved town house, with minimal variety in property types.

The median PSF stands at RM 477, with core pricing between RM 396 and RM 557. Market pricing typically extends from RM 389.25 to RM 563.75, reflecting moderate variation in unit pricing. The spread of RM 174.50 (IQR) and deviation of RM 81 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

6 found
Town House
RM 980,000
PSF: RM 929.00
Area: 1,055 sqft
Date: Sep 2023
Town House
RM 1,300,000
PSF: RM 646.00
Area: 2,012 sqft
Date: Jun 2023
Town House
RM 988,000
PSF: RM 491.00
Area: 2,012 sqft
Date: Sep 2022
Town House
RM 850,000
PSF: RM 423.00
Area: 2,012 sqft
Date: Jul 2022
Town House
RM 1,030,000
PSF: RM 369.00
Area: 2,788 sqft
Date: Jun 2022
Town House
RM 930,000
PSF: RM 462.00
Area: 2,012 sqft
Date: Feb 2022