BANDAR BARU AIR ITAM-DESA MAWAR

BANDAR BARU AIR ITAM-DESA MAWAR in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM 170K and a median price per square foot (PSF) of RM 316.

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 170K, with most transactions falling within a stable range of RM 156K to RM 184K, and a typical market range of RM 157K to RM 183K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 316, with most transactions between RM 289 and RM 343. The usual range is RM 291.25 to RM 340.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.50 and an average deviation (MAD) of RM 27 indicate a highly stable PSF trend across properties.

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.