BANDAR BARU AIR ITAM-DESA MAWAR

BANDAR BARU AIR ITAM-DESA MAWAR in Timur Laut, Penang recorded 41 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, 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 148K to RM 192K, and a typical market range of RM 157K to RM 183K.

Within the Low-Cost Flat category, low-cost flat dominated the market, though some variety exists in the market.

The median PSF stands at RM 316, with core pricing between RM 276 and RM 356. Market pricing typically extends from RM 291.25 to RM 340.75, reflecting moderate variation in unit pricing. With an IQR of RM 49.50 and MAD of RM 40, 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. Moderate transaction volume may require patience when buying or selling.