Penang
Timur Laut
13
BANDAR BARU AIR ITAM

Area Intelligence

13, Timur Laut, Penang

BANDAR BARU AIR ITAM

80 properties

2022

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Median Price

RM 148,000

PSF: RM 268

Residential Market

Median Price

RM 148,000

IQR: RM 86

MAD: RM 42

RM 268 PSF 0.0%

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 80 subsale transactions in 2022, with a median price of RM 148K and a median price per square foot (PSF) of RM 268.

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 148K, with most transactions falling within a stable range of RM 82K to RM 419K, and a typical market range of RM 93K to RM 203K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 268, though individual units vary from RM 174 to RM 361 in the core range. The broader market spans RM 225.50 to RM 309.50, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 94) 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.

Area Location

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BANDAR BARU AIR ITAM, Timur Laut, Penang

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Property Type

All Types Single Storey Semi-D Single Storey Terraced Double Storey Semi-D Double Storey Terraced Cluster House Flat Low-Cost Flat

Year

All Years 2025 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

80 properties found

View:

Grouped Individual

Low-Cost Flat

RM 135,000

517 sqft Dec 2022

RM 261.00 PSF

Low-Cost Flat

RM 130,000

512 sqft Dec 2022

RM 254.00 PSF

Low-Cost Flat

RM 120,000

512 sqft Dec 2022

RM 234.00 PSF

Single Storey Terraced JLN TEOCHEW 2

RM 968,000

3,305 sqft Dec 2022

RM 293.00 PSF

Flat

RM 290,000

689 sqft Dec 2022

RM 421.00 PSF

Double Storey Terraced LORONG RU 1

RM 800,000

1,432 sqft Dec 2022

RM 559.00 PSF

Double Storey Terraced LINTANG PAYA TERUBONG 3

RM 850,000

3,197 sqft Dec 2022

RM 266.00 PSF

Single Storey Semi-D JALAN BERIKSA SATU

RM 830,000

2,250 sqft Nov 2022

RM 369.00 PSF

Low-Cost Flat

RM 140,000

530 sqft Nov 2022

RM 264.00 PSF

Low-Cost Flat

RM 120,000

517 sqft Nov 2022

RM 232.00 PSF

Flat

RM 270,000

732 sqft Nov 2022

RM 369.00 PSF

Flat

RM 200,000

689 sqft Nov 2022

RM 290.00 PSF

Low-Cost Flat

RM 165,000

517 sqft Oct 2022

RM 319.00 PSF

Low-Cost Flat

RM 138,000

512 sqft Oct 2022

RM 269.00 PSF

Low-Cost Flat

RM 138,000

517 sqft Oct 2022

RM 267.00 PSF

Low-Cost Flat

RM 128,000

517 sqft Oct 2022

RM 248.00 PSF

Cluster House JALAN SEMARAK API

RM 345,000

687 sqft Oct 2022

RM 502.00 PSF

Low-Cost Flat

RM 128,000

517 sqft Oct 2022

RM 248.00 PSF

Low-Cost Flat

RM 130,000

513 sqft Oct 2022

RM 253.00 PSF

Low-Cost Flat

RM 100,000

512 sqft Oct 2022

RM 195.00 PSF

Low-Cost Flat

RM 135,000

512 sqft Oct 2022

RM 263.00 PSF

Flat

RM 82,000

689 sqft Oct 2022

RM 119.00 PSF

Flat

RM 240,000

732 sqft Oct 2022

RM 328.00 PSF

Low-Cost Flat

RM 149,000

611 sqft Oct 2022

RM 244.00 PSF

Low-Cost Flat

RM 105,000

512 sqft Oct 2022

RM 205.00 PSF

Low-Cost Flat

RM 105,000

512 sqft Oct 2022

RM 205.00 PSF

Low-Cost Flat

RM 130,000

512 sqft Oct 2022

RM 254.00 PSF

Low-Cost Flat

RM 140,000

511 sqft Oct 2022

RM 274.00 PSF

Flat

RM 210,000

689 sqft Sep 2022

RM 305.00 PSF

Flat

RM 230,000

732 sqft Sep 2022

RM 314.00 PSF

Double Storey Terraced JLN BERIKSA 3

RM 750,000

1,539 sqft Sep 2022

RM 487.00 PSF

Low-Cost Flat

RM 130,000

512 sqft Sep 2022

RM 254.00 PSF

Low-Cost Flat

RM 100,000

512 sqft Sep 2022

RM 195.00 PSF

Low-Cost Flat

RM 140,000

512 sqft Sep 2022

RM 273.00 PSF

Low-Cost Flat

RM 130,000

512 sqft Sep 2022

RM 254.00 PSF

Flat

RM 220,000

689 sqft Aug 2022

RM 319.00 PSF

Low-Cost Flat

RM 100,000

506 sqft Aug 2022

RM 198.00 PSF

Low-Cost Flat

RM 140,000

512 sqft Aug 2022

RM 273.00 PSF

Low-Cost Flat

RM 120,000

513 sqft Aug 2022

RM 234.00 PSF

Low-Cost Flat

RM 123,000

512 sqft Aug 2022

RM 240.00 PSF

Low-Cost Flat

RM 105,000

512 sqft Aug 2022

RM 205.00 PSF

Low-Cost Flat

RM 150,000

512 sqft Aug 2022

RM 293.00 PSF

Low-Cost Flat

RM 150,000

512 sqft Aug 2022

RM 293.00 PSF

Double Storey Terraced LORONG SEMARAK API 4

RM 900,000

1,356 sqft Jul 2022

RM 664.00 PSF

Double Storey Terraced JALAN ZOO

RM 1,300,000

2,239 sqft Jul 2022

RM 581.00 PSF

Low-Cost Flat

RM 120,000

512 sqft Jul 2022

RM 234.00 PSF

Low-Cost Flat

RM 170,000

512 sqft Jul 2022

RM 332.00 PSF

Low-Cost Flat

RM 150,000

506 sqft Jul 2022

RM 297.00 PSF

Low-Cost Flat

RM 147,000

512 sqft Jul 2022

RM 287.00 PSF

Low-Cost Flat

RM 142,000

512 sqft Jun 2022

RM 277.00 PSF

Type	Road	Price	PSF	Area	Date
Low-Cost Flat		RM 135,000	RM 261.00	517 sqft	Dec 2022
Low-Cost Flat		RM 130,000	RM 254.00	512 sqft	Dec 2022
Low-Cost Flat		RM 120,000	RM 234.00	512 sqft	Dec 2022
Single Storey Terraced	JLN TEOCHEW 2	RM 968,000	RM 293.00	3,305 sqft	Dec 2022
Flat		RM 290,000	RM 421.00	689 sqft	Dec 2022
Double Storey Terraced	LORONG RU 1	RM 800,000	RM 559.00	1,432 sqft	Dec 2022
Double Storey Terraced	LINTANG PAYA TERUBONG 3	RM 850,000	RM 266.00	3,197 sqft	Dec 2022
Single Storey Semi-D	JALAN BERIKSA SATU	RM 830,000	RM 369.00	2,250 sqft	Nov 2022
Low-Cost Flat		RM 140,000	RM 264.00	530 sqft	Nov 2022
Low-Cost Flat		RM 120,000	RM 232.00	517 sqft	Nov 2022
Flat		RM 270,000	RM 369.00	732 sqft	Nov 2022
Flat		RM 200,000	RM 290.00	689 sqft	Nov 2022
Low-Cost Flat		RM 165,000	RM 319.00	517 sqft	Oct 2022
Low-Cost Flat		RM 138,000	RM 269.00	512 sqft	Oct 2022
Low-Cost Flat		RM 138,000	RM 267.00	517 sqft	Oct 2022
Low-Cost Flat		RM 128,000	RM 248.00	517 sqft	Oct 2022
Cluster House	JALAN SEMARAK API	RM 345,000	RM 502.00	687 sqft	Oct 2022
Low-Cost Flat		RM 128,000	RM 248.00	517 sqft	Oct 2022
Low-Cost Flat		RM 130,000	RM 253.00	513 sqft	Oct 2022
Low-Cost Flat		RM 100,000	RM 195.00	512 sqft	Oct 2022
Low-Cost Flat		RM 135,000	RM 263.00	512 sqft	Oct 2022
Flat		RM 82,000	RM 119.00	689 sqft	Oct 2022
Flat		RM 240,000	RM 328.00	732 sqft	Oct 2022
Low-Cost Flat		RM 149,000	RM 244.00	611 sqft	Oct 2022
Low-Cost Flat		RM 105,000	RM 205.00	512 sqft	Oct 2022
Low-Cost Flat		RM 105,000	RM 205.00	512 sqft	Oct 2022
Low-Cost Flat		RM 130,000	RM 254.00	512 sqft	Oct 2022
Low-Cost Flat		RM 140,000	RM 274.00	511 sqft	Oct 2022
Flat		RM 210,000	RM 305.00	689 sqft	Sep 2022
Flat		RM 230,000	RM 314.00	732 sqft	Sep 2022
Double Storey Terraced	JLN BERIKSA 3	RM 750,000	RM 487.00	1,539 sqft	Sep 2022
Low-Cost Flat		RM 130,000	RM 254.00	512 sqft	Sep 2022
Low-Cost Flat		RM 100,000	RM 195.00	512 sqft	Sep 2022
Low-Cost Flat		RM 140,000	RM 273.00	512 sqft	Sep 2022
Low-Cost Flat		RM 130,000	RM 254.00	512 sqft	Sep 2022
Flat		RM 220,000	RM 319.00	689 sqft	Aug 2022
Low-Cost Flat		RM 100,000	RM 198.00	506 sqft	Aug 2022
Low-Cost Flat		RM 140,000	RM 273.00	512 sqft	Aug 2022
Low-Cost Flat		RM 120,000	RM 234.00	513 sqft	Aug 2022
Low-Cost Flat		RM 123,000	RM 240.00	512 sqft	Aug 2022
Low-Cost Flat		RM 105,000	RM 205.00	512 sqft	Aug 2022
Low-Cost Flat		RM 150,000	RM 293.00	512 sqft	Aug 2022
Low-Cost Flat		RM 150,000	RM 293.00	512 sqft	Aug 2022
Double Storey Terraced	LORONG SEMARAK API 4	RM 900,000	RM 664.00	1,356 sqft	Jul 2022
Double Storey Terraced	JALAN ZOO	RM 1,300,000	RM 581.00	2,239 sqft	Jul 2022
Low-Cost Flat		RM 120,000	RM 234.00	512 sqft	Jul 2022
Low-Cost Flat		RM 170,000	RM 332.00	512 sqft	Jul 2022
Low-Cost Flat		RM 150,000	RM 297.00	506 sqft	Jul 2022
Low-Cost Flat		RM 147,000	RM 287.00	512 sqft	Jul 2022
Low-Cost Flat		RM 142,000	RM 277.00	512 sqft	Jun 2022