BANDAR BARU AIR ITAM
Residential Market
Median Price
RM 160,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost Flat
162 properties
Median Price
RM 147,000
+5.7% CAGR
Median PSF
RM 263.00
+5.9% CAGR
Flat
35 properties
Median Price
RM 232,000
-1.3% CAGR
Median PSF
RM 323.00
+0.1% CAGR
Double Storey Semi-D
14 properties
Median Price
RM 1,080,000
-5.5% CAGR
Median PSF
RM 338.00
-8.0% CAGR
Double Storey Terraced
12 properties
Median Price
RM 839,000
-11.6% CAGR
Median PSF
RM 507.00
+11.6% CAGR
Single Storey Semi-D
10 properties
Median Price
RM 691,250
+6.7% CAGR
Median PSF
RM 297.00
+2.9% CAGR
Cluster House
7 properties
Median Price
RM 300,000
Median PSF
RM 435.00
Single Storey Terraced
1 properties
Median Price
RM 968,000
Median PSF
RM 293.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Low-Cost Flat | 162 |
RM 147,000
±5K MAD
|
+5.65% |
RM 263.00
±10 MAD
|
+5.87% | |
| Flat | 35 |
RM 232,000
±12K MAD
|
-1.32% |
RM 323.00
±6 MAD
|
+0.08% | |
| Double Storey Semi-D | 14 |
RM 1,080,000
±110K MAD
|
-5.53% |
RM 338.00
±14 MAD
|
-8.04% | |
| Double Storey Terraced | 12 |
RM 839,000
±59K MAD
|
-11.60% |
RM 507.00
±38 MAD
|
+11.64% | |
| Single Storey Semi-D | 10 |
RM 691,250
±25K MAD
|
+6.72% |
RM 297.00
±13 MAD
|
+2.90% | |
| Cluster House | 7 |
RM 300,000
|
- |
RM 435.00
|
- | |
| Single Storey Terraced | 1 |
RM 968,000
|
- |
RM 293.00
|
- |
BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 81 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 285.
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 160K, with most transactions falling within a stable range of RM 90K to RM 430K, and a typical market range of RM 105K to RM 215K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 285, though individual units vary from RM 196 to RM 374 in the core range. The broader market spans RM 243.00 to RM 327.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 89) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.
Filter by type, year, price, and size
Transactions
81 properties found
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Low-Cost Flat |
|
RM 114,000
|
RM 222.00
|
512 sqft
|
May 2023
|
| Low-Cost Flat |
|
RM 180,000
|
RM 356.00
|
506 sqft
|
May 2023
|
| Cluster House |
JALAN SEMARAK API
|
RM 350,000
|
RM 507.00
|
690 sqft
|
May 2023
|
| Single Storey Semi-D |
JALAN ANGSANA
|
RM 600,000
|
RM 268.00
|
2,239 sqft
|
May 2023
|
| Flat |
|
RM 250,000
|
RM 363.00
|
689 sqft
|
May 2023
|
| Low-Cost Flat |
|
RM 140,000
|
RM 273.00
|
512 sqft
|
Apr 2023
|
| Low-Cost Flat |
|
RM 130,000
|
RM 252.00
|
517 sqft
|
Apr 2023
|
| Low-Cost Flat |
|
RM 145,000
|
RM 283.00
|
512 sqft
|
Apr 2023
|
| Flat |
|
RM 330,000
|
RM 378.00
|
872 sqft
|
Apr 2023
|
| Flat |
|
RM 122,000
|
RM 241.00
|
506 sqft
|
Apr 2023
|
| Low-Cost Flat |
|
RM 90,000
|
RM 174.00
|
517 sqft
|
Apr 2023
|
| Double Storey Terraced |
JLN BERIKSA 4
|
RM 780,000
|
RM 510.00
|
1,528 sqft
|
Apr 2023
|
| Low-Cost Flat |
|
RM 100,000
|
RM 194.00
|
517 sqft
|
Mar 2023
|
| Low-Cost Flat |
|
RM 150,000
|
RM 290.00
|
517 sqft
|
Mar 2023
|
| Low-Cost Flat |
|
RM 147,000
|
RM 285.00
|
517 sqft
|
Mar 2023
|
| Low-Cost Flat |
|
RM 150,000
|
RM 292.00
|
515 sqft
|
Mar 2023
|
| Flat |
|
RM 238,000
|
RM 345.00
|
689 sqft
|
Mar 2023
|
| Low-Cost Flat |
|
RM 165,000
|
RM 269.00
|
614 sqft
|
Feb 2023
|
| Low-Cost Flat |
|
RM 145,000
|
RM 281.00
|
517 sqft
|
Feb 2023
|
| Low-Cost Flat |
|
RM 100,000
|
RM 194.00
|
517 sqft
|
Feb 2023
|
| Low-Cost Flat |
|
RM 140,000
|
RM 273.00
|
512 sqft
|
Feb 2023
|
| Flat |
|
RM 220,000
|
RM 319.00
|
689 sqft
|
Feb 2023
|
| Cluster House |
JLN SEMARAK API 1
|
RM 250,000
|
RM 364.00
|
687 sqft
|
Feb 2023
|
| Double Storey Semi-D |
LINTANG PAYA TERUBONG 4
|
RM 1,200,000
|
RM 468.00
|
2,562 sqft
|
Feb 2023
|
| Low-Cost Flat |
|
RM 130,000
|
RM 253.00
|
513 sqft
|
Feb 2023
|
| Low-Cost Flat |
|
RM 250,000
|
RM 407.00
|
614 sqft
|
Jan 2023
|
| Low-Cost Flat |
|
RM 140,000
|
RM 230.00
|
609 sqft
|
Jan 2023
|
| Low-Cost Flat |
|
RM 158,000
|
RM 306.00
|
517 sqft
|
Jan 2023
|
| Low-Cost Flat |
|
RM 160,000
|
RM 310.00
|
517 sqft
|
Jan 2023
|
| Low-Cost Flat |
|
RM 120,000
|
RM 234.00
|
512 sqft
|
Jan 2023
|
| Cluster House |
JLN SEMARAK API
|
RM 300,000
|
RM 435.00
|
689 sqft
|
Jan 2023
|