Area Intelligence

BANDAR BARU AIR ITAM (KOMPLEK FARLIM)

1 properties
2021
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Median Price
RM 125,000
PSF: RM 363

Commercial Market

Median Price

RM 125,000

IQR: RM 32
MAD: RM 14
RM 363 PSF 27.7%

PSF Trends (2021-2025)

BANDAR BARU AIR ITAM (KOMPLEK FARLIM) in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 125K and a median price per square foot (PSF) of RM 363.

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

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

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 363, with most transactions between RM 363 and RM 363. The usual range is RM 347.25 to RM 378.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BARU AIR ITAM (KOMPLEK FARLIM), Timur Laut, Penang

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Transactions

1 properties grouped by size

350 sqft
1 units Shop/Retail Lot
RM 125,000
344 sqft · RM 363.00 PSF
Jul 2021