|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Air Itam
|
RM 830,000
|
RM 632
|
1,313 sqft
|
|
2-Sty Terrace |
|
Jalan Air Itam
|
RM 1,020,000
|
RM 777
|
1,313 sqft
|
|
2-Sty Terrace |
|
Jalan Air Itam
|
RM 930,000
|
RM 708
|
1,313 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 930,000
RM 708 psfMedian transaction price
Jalan Air Itam, Pulau Pinang, Malaysia
MapsJalan Air Itam in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM 930K and a median price per square foot (PSF) of RM 708.
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 930K, with most transactions falling within a stable range of RM 852K to RM 1.01 million, and a typical market range of RM 845K to RM 1.02 million.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 708, with most transactions between RM 649 and RM 767. The usual range is RM 624.94 to RM 791.44, showing that most units are priced quite close to each other. With an IQR of RM 166.50 and MAD of RM 59, 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.