BANDAR BARU AIR ITAM-SRI IVORI

BANDAR BARU AIR ITAM-SRI IVORI in Timur Laut, Penang recorded 12 subsale transactions in 2022, with a median price of RM 252K and a median price per square foot (PSF) of RM 360.

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 252K, with most transactions falling within a stable range of RM 230K to RM 278K, and a typical market range of RM 230K to RM 274K.

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

The median PSF stands at RM 360, with core pricing between RM 321 and RM 398. Market pricing typically extends from RM 327.00 to RM 392.00, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 38, 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. Limited transaction history suggests carefully evaluating comparable sales data.