JLN AIR ITAM

JLN AIR ITAM in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM 990K and a median price per square foot (PSF) of RM 667.

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 990K, with most transactions falling within a stable range of RM 880K to RM 1.10 million, and a typical market range of RM 896K to RM 1.08 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 667, with most transactions between RM 623 and RM 711. The usual range is RM 613.38 to RM 720.63, showing that most units are priced quite close to each other. With an IQR of RM 107.25 and MAD of RM 44, 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.