Penang
Timur Laut
Georgetown
TAMAN AIR ITAM

TAMAN AIR ITAM

Area Intelligence

2021

Median Price

RM 300,000

PSF: RM 443

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 443

TAMAN AIR ITAM in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 300K and a median price per square foot (PSF) of RM 443.

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 300K, with most transactions falling within a stable range of RM 280K to RM 320K, and a typical market range of RM 280K to RM 320K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 443, with most transactions between RM 420 and RM 465. The usual range is RM 390.50 to RM 494.50, showing that most units are priced quite close to each other. With an IQR of RM 104.00 and MAD of RM 23, 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.

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TAMAN AIR ITAM, Timur Laut, Penang

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