| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 11
|
RM 178,000
|
RM 376
|
474 sqft
|
|
LC Flat |
|
Level 20
|
RM 150,000
|
RM 317
|
474 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 178,000
RM 345 psfMedian transaction price
348, Lorong Khoo Hye Keat, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsTaman Sri Air Itam in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 178K and a median price per square foot (PSF) of RM 345.
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 178K, with most transactions falling within a stable range of RM 160K to RM 193K, and a typical market range of RM 164K to RM 192K.
Most transactions involved low-cost flat, though some variety exists in the market.
For price per square foot, the median is RM 345, with most transactions between RM 321 and RM 369. The usual range is RM 314.07 to RM 375.57, showing that most units are priced quite close to each other. With an IQR of RM 61.50 and MAD of RM 24, 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.