JALAN AIR ITAM in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 930K and a median price per square foot (PSF) of RM 666.
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 840K to RM 1.02 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.
The median PSF stands at RM 666, with core pricing between RM 581 and RM 751. Market pricing typically extends from RM 582.75 to RM 749.25, reflecting moderate variation in unit pricing. With an IQR of RM 166.50 and MAD of RM 85, 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.