BANDAR BARU AIR ITAM-SRI IVORI

BANDAR BARU AIR ITAM-SRI IVORI in Timur Laut, Penang recorded 12 subsale transactions in 2023, with a median price of RM 253K and a median price per square foot (PSF) of RM 361.

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 253K, with most transactions falling within a stable range of RM 230K to RM 275K, and a typical market range of RM 230K to RM 275K.

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

For price per square foot, the median is RM 361, with most transactions between RM 329 and RM 392. The usual range is RM 328.00 to RM 393.00, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 32, 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.