JLN AIR ITAM

JLN 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 881K to RM 1.07 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 654.88 to RM 762.13, reflecting moderate variation in unit pricing. The spread of RM 107.25 (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.