Bandar Baru Ayer Itam

Farlim, Air Itam, Penang, Malaysia

Property Transactions

1 subsales grouped by size

Median
RM17,500,000
PSF
RM278
Price Size
Period
transactions middle 50% (P25–P75)
62,900 sqft
Factory
RM17,500,000
Off Jalan Padang Tembak
62,925 sqft · RM278 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM17,500,000

RM278 psf

Median transaction price

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Farlim, Air Itam, Penang, Malaysia

Maps

Bandar Baru Ayer Itam in Timur Laut, Penang recorded 1 Detached Factory properties subsale transactions between 2021 and 2026, with a median price of RM17.50 million and a median price per square foot (PSF) of RM278.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Detached Factory category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM278, with most transactions between RM278 and RM278. The usual range is RM112.36 to RM443.86, showing that most units are priced quite close to each other. With an IQR of RM331.50 and MAD of RM0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.