Penang
Timur Laut
13
BANDAR BARU AIR ITAM

Area Intelligence

13, Timur Laut, Penang

BANDAR BARU AIR ITAM

81 properties

2023

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Median Price

RM 160,000

PSF: RM 285

Residential Market

Median Price

RM 160,000

IQR: RM 86

MAD: RM 42

RM 285 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 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.

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

81 properties found

View:

Grouped Individual

Low-Cost Flat

RM 170,000

611 sqft Dec 2023

RM 278.00 PSF

Single Storey Semi-D JLN BERIKSA 2

RM 800,000

2,874 sqft Dec 2023

RM 278.00 PSF

Flat

RM 250,000

689 sqft Dec 2023

RM 363.00 PSF

Low-Cost Flat

RM 140,000

609 sqft Dec 2023

RM 230.00 PSF

Low-Cost Flat

RM 150,000

512 sqft Nov 2023

RM 293.00 PSF

Low-Cost Flat

RM 135,000

512 sqft Nov 2023

RM 263.00 PSF

Low-Cost Flat

RM 120,000

512 sqft Nov 2023

RM 234.00 PSF

Low-Cost Flat

RM 174,000

609 sqft Nov 2023

RM 286.00 PSF

Low-Cost Flat

RM 130,000

512 sqft Nov 2023

RM 254.00 PSF

Low-Cost Flat

RM 115,000

517 sqft Nov 2023

RM 223.00 PSF

Low-Cost Flat

RM 150,000

513 sqft Nov 2023

RM 292.00 PSF

Flat

RM 320,000

958 sqft Oct 2023

RM 334.00 PSF

Low-Cost Flat

RM 150,000

614 sqft Oct 2023

RM 244.00 PSF

Low-Cost Flat

RM 160,000

609 sqft Oct 2023

RM 263.00 PSF

Flat

RM 235,000

689 sqft Oct 2023

RM 341.00 PSF

Low-Cost Flat

RM 175,000

512 sqft Oct 2023

RM 342.00 PSF

Low-Cost Flat

RM 170,000

512 sqft Oct 2023

RM 332.00 PSF

Low-Cost Flat

RM 120,000

512 sqft Oct 2023

RM 234.00 PSF

Low-Cost Flat

RM 200,000

609 sqft Sep 2023

RM 328.00 PSF

Double Storey Semi-D LTG PAYA TERUBONG 4

RM 1,000,000

2,562 sqft Sep 2023

RM 390.00 PSF

Low-Cost Flat

RM 180,000

614 sqft Sep 2023

RM 293.00 PSF

Low-Cost Flat

RM 165,000

512 sqft Sep 2023

RM 322.00 PSF

Low-Cost Flat

RM 210,000

512 sqft Sep 2023

RM 410.00 PSF

Low-Cost Flat

RM 115,000

506 sqft Sep 2023

RM 227.00 PSF

Low-Cost Flat

RM 120,000

506 sqft Sep 2023

RM 237.00 PSF

Flat

RM 320,000

689 sqft Aug 2023

RM 465.00 PSF

Double Storey Semi-D JLN ZOO

RM 1,200,000

2,239 sqft Aug 2023

RM 536.00 PSF

Low-Cost Flat

RM 160,000

517 sqft Aug 2023

RM 310.00 PSF

Low-Cost Flat

RM 140,000

517 sqft Aug 2023

RM 271.00 PSF

Low-Cost Flat

RM 130,000

512 sqft Jul 2023

RM 254.00 PSF

Low-Cost Flat

RM 150,000

517 sqft Jul 2023

RM 290.00 PSF

Flat

RM 220,000

689 sqft Jul 2023

RM 319.00 PSF

Flat

RM 280,000

689 sqft Jul 2023

RM 406.00 PSF

Double Storey Terraced SOLOK ZOO 1

RM 1,200,000

1,894 sqft Jul 2023

RM 633.00 PSF

Low-Cost Flat

RM 155,000

603 sqft Jul 2023

RM 257.00 PSF

Low-Cost Flat

RM 180,000

609 sqft Jul 2023

RM 295.00 PSF

Double Storey Terraced JALAN RU 3

RM 878,000

1,539 sqft Jun 2023

RM 570.00 PSF

Flat

RM 270,000

732 sqft Jun 2023

RM 369.00 PSF

Double Storey Semi-D LEBUHRAYA THEAN TEIK

RM 1,180,000

2,400 sqft Jun 2023

RM 492.00 PSF

Low-Cost Flat

RM 168,000

611 sqft Jun 2023

RM 275.00 PSF

Low-Cost Flat

RM 150,000

609 sqft Jun 2023

RM 246.00 PSF

Low-Cost Flat

RM 180,000

603 sqft Jun 2023

RM 299.00 PSF

Low-Cost Flat

RM 138,000

517 sqft Jun 2023

RM 267.00 PSF

Low-Cost Flat

RM 123,000

512 sqft Jun 2023

RM 240.00 PSF

Low-Cost Flat

RM 138,000

512 sqft May 2023

RM 269.00 PSF

Low-Cost Flat

RM 112,000

512 sqft May 2023

RM 219.00 PSF

Low-Cost Flat

RM 125,000

512 sqft May 2023

RM 244.00 PSF

Low-Cost Flat

RM 130,000

513 sqft May 2023

RM 253.00 PSF

Low-Cost Flat

RM 175,000

614 sqft May 2023

RM 285.00 PSF

Low-Cost Flat

RM 160,000

614 sqft May 2023

RM 261.00 PSF

Type	Road	Price	PSF	Area	Date
Low-Cost Flat		RM 170,000	RM 278.00	611 sqft	Dec 2023
Single Storey Semi-D	JLN BERIKSA 2	RM 800,000	RM 278.00	2,874 sqft	Dec 2023
Flat		RM 250,000	RM 363.00	689 sqft	Dec 2023
Low-Cost Flat		RM 140,000	RM 230.00	609 sqft	Dec 2023
Low-Cost Flat		RM 150,000	RM 293.00	512 sqft	Nov 2023
Low-Cost Flat		RM 135,000	RM 263.00	512 sqft	Nov 2023
Low-Cost Flat		RM 120,000	RM 234.00	512 sqft	Nov 2023
Low-Cost Flat		RM 174,000	RM 286.00	609 sqft	Nov 2023
Low-Cost Flat		RM 130,000	RM 254.00	512 sqft	Nov 2023
Low-Cost Flat		RM 115,000	RM 223.00	517 sqft	Nov 2023
Low-Cost Flat		RM 150,000	RM 292.00	513 sqft	Nov 2023
Flat		RM 320,000	RM 334.00	958 sqft	Oct 2023
Low-Cost Flat		RM 150,000	RM 244.00	614 sqft	Oct 2023
Low-Cost Flat		RM 160,000	RM 263.00	609 sqft	Oct 2023
Flat		RM 235,000	RM 341.00	689 sqft	Oct 2023
Low-Cost Flat		RM 175,000	RM 342.00	512 sqft	Oct 2023
Low-Cost Flat		RM 170,000	RM 332.00	512 sqft	Oct 2023
Low-Cost Flat		RM 120,000	RM 234.00	512 sqft	Oct 2023
Low-Cost Flat		RM 200,000	RM 328.00	609 sqft	Sep 2023
Double Storey Semi-D	LTG PAYA TERUBONG 4	RM 1,000,000	RM 390.00	2,562 sqft	Sep 2023
Low-Cost Flat		RM 180,000	RM 293.00	614 sqft	Sep 2023
Low-Cost Flat		RM 165,000	RM 322.00	512 sqft	Sep 2023
Low-Cost Flat		RM 210,000	RM 410.00	512 sqft	Sep 2023
Low-Cost Flat		RM 115,000	RM 227.00	506 sqft	Sep 2023
Low-Cost Flat		RM 120,000	RM 237.00	506 sqft	Sep 2023
Flat		RM 320,000	RM 465.00	689 sqft	Aug 2023
Double Storey Semi-D	JLN ZOO	RM 1,200,000	RM 536.00	2,239 sqft	Aug 2023
Low-Cost Flat		RM 160,000	RM 310.00	517 sqft	Aug 2023
Low-Cost Flat		RM 140,000	RM 271.00	517 sqft	Aug 2023
Low-Cost Flat		RM 130,000	RM 254.00	512 sqft	Jul 2023
Low-Cost Flat		RM 150,000	RM 290.00	517 sqft	Jul 2023
Flat		RM 220,000	RM 319.00	689 sqft	Jul 2023
Flat		RM 280,000	RM 406.00	689 sqft	Jul 2023
Double Storey Terraced	SOLOK ZOO 1	RM 1,200,000	RM 633.00	1,894 sqft	Jul 2023
Low-Cost Flat		RM 155,000	RM 257.00	603 sqft	Jul 2023
Low-Cost Flat		RM 180,000	RM 295.00	609 sqft	Jul 2023
Double Storey Terraced	JALAN RU 3	RM 878,000	RM 570.00	1,539 sqft	Jun 2023
Flat		RM 270,000	RM 369.00	732 sqft	Jun 2023
Double Storey Semi-D	LEBUHRAYA THEAN TEIK	RM 1,180,000	RM 492.00	2,400 sqft	Jun 2023
Low-Cost Flat		RM 168,000	RM 275.00	611 sqft	Jun 2023
Low-Cost Flat		RM 150,000	RM 246.00	609 sqft	Jun 2023
Low-Cost Flat		RM 180,000	RM 299.00	603 sqft	Jun 2023
Low-Cost Flat		RM 138,000	RM 267.00	517 sqft	Jun 2023
Low-Cost Flat		RM 123,000	RM 240.00	512 sqft	Jun 2023
Low-Cost Flat		RM 138,000	RM 269.00	512 sqft	May 2023
Low-Cost Flat		RM 112,000	RM 219.00	512 sqft	May 2023
Low-Cost Flat		RM 125,000	RM 244.00	512 sqft	May 2023
Low-Cost Flat		RM 130,000	RM 253.00	513 sqft	May 2023
Low-Cost Flat		RM 175,000	RM 285.00	614 sqft	May 2023
Low-Cost Flat		RM 160,000	RM 261.00	614 sqft	May 2023