Jalan Air Itam

Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM2,600,000
PSF
RM283
Price Size
Period
transactions middle 50% (P25–P75)
5,350 sqft
Bungalow
RM1,250,000
Jalan Matang Kuching
5,356 sqft · RM233 PSF
6,400 sqft
Bungalow
RM2,600,000
Jalan Air Itam
6,406 sqft · RM406 PSF
8,500 sqft
Bungalow
RM3,250,000
Hill Railway Road
8,494 sqft · RM383 PSF
RM3,330,000
Mukim 13
8,513 sqft · RM391 PSF
8,850 sqft
Bungalow
RM2,500,000
Jalan Khoo Hye Keat
8,826 sqft · RM283 PSF
16,650 sqft
Bungalow
RM4,550,000
Jalan Seri Bendera
16,641 sqft · RM273 PSF
2,629,350 sqft
Bungalow
RM125,000
Jalan Air Itam
2,629,372 sqft · RM0 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM2,600,000

RM283 psf

Median transaction price

Jalan Air Itam
© OpenStreetMap · CARTO

Jalan Air Itam, Ayer Itam, Pulau Pinang, Malaysia

Maps

Jalan Air Itam in Timur Laut, Penang recorded 7 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM2.60 million and a median price per square foot (PSF) of RM283.

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 RM2.60 million, with most transactions falling within a stable range of RM1.25 million to RM3.95 million, and a typical market range of RM2.23 million to RM2.97 million.

Within the Bungalow category, detached dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM283, though individual units vary from RM153 to RM414 in the core range. The broader market spans RM202.24 to RM364.24, indicating diverse property characteristics. A wider spread (IQR: RM162.00) and deviation (MAD: RM131) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.