TAMAN SRI AIR ITAM Property Investment Analysis

Ayer Itam, Timur Laut, Penang

Median Price
RM 184,000
CAGR
-5.9%
Median PSF
RM 360.50
CAGR
+2.5%
Transactions
6
Period
2022-2025

TAMAN SRI AIR ITAM in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 184K and a median price per square foot (PSF) of RM 361.

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 184K, with most transactions falling within a stable range of RM 177K to RM 192K, and a typical market range of RM 168K to RM 193K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 361, with most transactions between RM 329 and RM 393. The usual range is RM 331.50 to RM 389.50, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

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
Low-Cost Flat
RM 190,000
PSF: RM 384.00
Area: 495 sqft
Date: Jan 2025
Low-Cost Flat
RM 145,000
PSF: RM 306.00
Area: 474 sqft
Date: Aug 2023
Low-Cost Flat
RM 190,000
PSF: RM 401.00
Area: 474 sqft
Date: Jan 2023
Low-Cost Flat
RM 178,000
PSF: RM 376.00
Area: 474 sqft
Date: Nov 2022
Low-Cost Flat
RM 193,000
PSF: RM 345.00
Area: 560 sqft
Date: Jul 2022
Flat
RM 150,000
PSF: RM 317.00
Area: 474 sqft
Date: Mar 2022