Penang
Timur Laut
Georgetown
TAMAN AIR ITAM

TAMAN AIR ITAM

Area Intelligence

2024

Median Price

RM 337,500

PSF: RM 507

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Residential PSF Trends

Median Price

RM 337,500

PSF: RM 507

TAMAN AIR ITAM in Timur Laut, Penang recorded 4 subsale transactions in 2024, priced between RM 300K and RM 500K, with a median price of RM 338K and a median price per square foot (PSF) of RM 507.

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 338K, with most transactions falling within a stable range of RM 327K to RM 348K, and a typical market range of RM 325K to RM 350K.

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

For price per square foot, the median is RM 507, with most transactions between RM 491 and RM 524. The usual range is RM 455.10 to RM 559.10, showing that most units are priced quite close to each other. With an IQR of RM 104.00 and MAD of RM 16, 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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