Area Intelligence

BANDAR BARU AIR ITAM-SRI IVORI

31 properties
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Median Price
RM 260,000
PSF: RM 372

Residential Market

Median Price

RM 260,000

IQR: RM 65
MAD: RM 29
RM 372 PSF 3.6%

PSF Trends (2021-2025)

BANDAR BARU AIR ITAM-SRI IVORI in Timur Laut, Penang recorded 31 subsale transactions between 2021 and 2025, with a median price of RM 260K and a median price per square foot (PSF) of RM 372.

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 260K, with most transactions falling within a stable range of RM 240K to RM 280K, and a typical market range of RM 237K to RM 283K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 372, with most transactions between RM 343 and RM 401. The usual range is RM 339.50 to RM 404.50, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 29, 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.

Area Location

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BANDAR BARU AIR ITAM-SRI IVORI, Timur Laut, Penang

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Transactions

31 properties grouped by size

700 sqft
31 units (showing 6) Flat
RM 260,000
700 sqft · RM 372.00 PSF
Jan 2025
RM 280,000
700 sqft · RM 400.00 PSF
Sep 2024
RM 300,000
700 sqft · RM 429.00 PSF
Aug 2024
RM 300,000
700 sqft · RM 429.00 PSF
Jun 2024
RM 290,000
700 sqft · RM 414.00 PSF
Feb 2024
RM 270,000
700 sqft · RM 386.00 PSF
Nov 2023