JALAN AIR ITAM

Area Intelligence
2023
Median Price
RM 975,000
PSF: RM 709

Residential PSF Trends

Median Price

RM 975,000

PSF: RM 709

JALAN AIR ITAM in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 975K and a median price per square foot (PSF) of RM 709.

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 975K, with most transactions falling within a stable range of RM 830K to RM 1.25 million, and a typical market range of RM 890K to RM 1.06 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 709, with core pricing between RM 571 and RM 846. Market pricing typically extends from RM 625.25 to RM 791.75, reflecting moderate variation in unit pricing. The spread of RM 166.50 (IQR) and deviation of RM 138 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN AIR ITAM, Timur Laut, Penang

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Transactions

4 transactions grouped by size

1,250 sqft
Double Storey Terraced
RM 830,000
JALAN AIR ITAM
1,246 sqft · RM 666 PSF
RM 1,020,000
JALAN AIR ITAM
1,245 sqft · RM 819 PSF
RM 930,000
JALAN AIR ITAM
1,239 sqft · RM 751 PSF
3,400 sqft
Double Storey Semi-D
RM 1,550,000
JALAN PADANG TEMBAK
3,423 sqft · RM 453 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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