BANDAR BARU AIR ITAM

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 35 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 238K and a median price per square foot (PSF) of RM 341.

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 238K, with most transactions falling within a stable range of RM 185K to RM 291K, and a typical market range of RM 183K to RM 293K.

Within the Flat category, low-cost flat dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 341, with core pricing between RM 282 and RM 400. Market pricing typically extends from RM 299.00 to RM 383.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.

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.