BANDAR BARU AIR ITAM
Residential Market
Median Price
RM 148,000
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 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.
Filter by type, year, price, and size
Transactions
80 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 135,000
|
RM 261.00
|
517 sqft
|
Dec 2022
|
||
|
RM 130,000
|
RM 254.00
|
512 sqft
|
Dec 2022
|
||
|
RM 120,000
|
RM 234.00
|
512 sqft
|
Dec 2022
|
||
|
RM 120,000
|
RM 232.00
|
517 sqft
|
Nov 2022
|
||
|
RM 165,000
|
RM 319.00
|
517 sqft
|
Oct 2022
|
||
|
RM 138,000
|
RM 269.00
|
512 sqft
|
Oct 2022
|
|
RM 140,000
|
RM 264.00
|
530 sqft
|
Nov 2022
|
|
RM 149,000
|
RM 244.00
|
611 sqft
|
Oct 2022
|
||
|
RM 175,000
|
RM 285.00
|
614 sqft
|
Apr 2022
|
||
|
RM 145,000
|
RM 237.00
|
611 sqft
|
Apr 2022
|
||
|
RM 150,000
|
RM 244.00
|
614 sqft
|
Mar 2022
|
||
|
RM 150,000
|
RM 245.00
|
611 sqft
|
Mar 2022
|
||
|
RM 155,000
|
RM 254.00
|
609 sqft
|
Jan 2022
|
|
RM 218,000
|
RM 327.00
|
667 sqft
|
Jun 2022
|
|
|
RM 290,000
|
RM 421.00
|
689 sqft
|
Dec 2022
|
Flat |
|
|
RM 200,000
|
RM 290.00
|
689 sqft
|
Nov 2022
|
Flat |
|
JALAN SEMARAK API
|
RM 345,000
|
RM 502.00
|
687 sqft
|
Oct 2022
|
Cluster House |
|
|
RM 82,000
|
RM 119.00
|
689 sqft
|
Oct 2022
|
Flat |
|
|
RM 210,000
|
RM 305.00
|
689 sqft
|
Sep 2022
|
Flat |
|
|
RM 220,000
|
RM 319.00
|
689 sqft
|
Aug 2022
|
Flat |
|
RM 270,000
|
RM 369.00
|
732 sqft
|
Nov 2022
|
||
|
RM 240,000
|
RM 328.00
|
732 sqft
|
Oct 2022
|
||
|
RM 230,000
|
RM 314.00
|
732 sqft
|
Sep 2022
|
|
LORONG SEMARAK API 4
|
RM 900,000
|
RM 664.00
|
1,356 sqft
|
Jul 2022
|
|
LORONG RU 1
|
RM 800,000
|
RM 559.00
|
1,432 sqft
|
Dec 2022
|
|
JLN BERIKSA 3
|
RM 750,000
|
RM 487.00
|
1,539 sqft
|
Sep 2022
|
|
|
JLN BERIKSA 4
|
RM 800,000
|
RM 520.00
|
1,539 sqft
|
Feb 2022
|
|
JLN TEOCHEW
|
RM 750,000
|
RM 461.00
|
1,625 sqft
|
Jan 2022
|
|
JALAN BERIKSA SATU
|
RM 830,000
|
RM 369.00
|
2,250 sqft
|
Nov 2022
|
Single Storey Semi-D |
|
JALAN ZOO
|
RM 1,300,000
|
RM 581.00
|
2,239 sqft
|
Jul 2022
|
Double Storey Terraced |
|
JALAN ANGSANA
|
RM 600,000
|
RM 268.00
|
2,239 sqft
|
Jun 2022
|
Single Storey Semi-D |
|
JALAN BERIKSA SATU
|
RM 765,000
|
RM 340.00
|
2,250 sqft
|
Feb 2022
|
Single Storey Semi-D |
|
JALAN BERIKSA SATU
|
RM 600,000
|
RM 262.00
|
2,293 sqft
|
May 2022
|
|
JLN SEMARAK API
|
RM 910,000
|
RM 344.00
|
2,648 sqft
|
Jun 2022
|
|
JLN SEMARAK API 1
|
RM 850,000
|
RM 307.00
|
2,766 sqft
|
Jun 2022
|
|
LINTANG PAYA TERUBONG 3
|
RM 850,000
|
RM 266.00
|
3,197 sqft
|
Dec 2022
|
|
JLN TEOCHEW 2
|
RM 968,000
|
RM 293.00
|
3,305 sqft
|
Dec 2022
|