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Market Snapshot
ResidentialRM 195,000
RM 403 psfMedian transaction price
348, Lorong Khoo Hye Keat, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsTaman Sri Air Itam in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 195K and a median price per square foot (PSF) of RM 403.
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 195K, with most transactions falling within a stable range of RM 190K to RM 200K, and a typical market range of RM 190K to RM 200K.
Most transactions involved low-cost flat, though some variety exists in the market.
For price per square foot, the median is RM 403, with most transactions between RM 384 and RM 422. The usual range is RM 372.26 to RM 433.76, showing that most units are priced quite close to each other. With an IQR of RM 61.50 and MAD of RM 19, 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.