BANDAR BARU AIR ITAM
Residential Market
Median Price
RM 155,000
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 53 subsale transactions in 2024, with a median price of RM 155K and a median price per square foot (PSF) of RM 293.
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 155K, with most transactions falling within a stable range of RM 120K to RM 439K, and a typical market range of RM 120K to RM 210K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 293, though individual units vary from RM 231 to RM 355 in the core range. The broader market spans RM 251.00 to RM 335.00, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 62 (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.
Filter by type, year, price, and size
Transactions
53 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 155,000
|
RM 300.00
|
517 sqft
|
Nov 2024
|
||
|
RM 130,000
|
RM 252.00
|
517 sqft
|
Oct 2024
|
||
|
RM 165,000
|
RM 322.00
|
512 sqft
|
Oct 2024
|
||
|
RM 150,000
|
RM 293.00
|
512 sqft
|
Oct 2024
|
||
|
RM 200,000
|
RM 387.00
|
517 sqft
|
Aug 2024
|
||
|
RM 130,000
|
RM 254.00
|
512 sqft
|
Aug 2024
|
|
RM 128,000
|
RM 209.00
|
614 sqft
|
Oct 2024
|
Low-Cost Flat | |
|
RM 210,000
|
RM 342.00
|
614 sqft
|
Oct 2024
|
Low-Cost Flat | |
|
RM 200,000
|
RM 328.00
|
609 sqft
|
Sep 2024
|
Low-Cost Flat | |
|
RM 170,000
|
RM 279.00
|
609 sqft
|
Jun 2024
|
Low-Cost Flat | |
|
RM 155,000
|
RM 257.00
|
603 sqft
|
May 2024
|
Low-Cost Flat | |
|
RM 130,000
|
RM 212.00
|
614 sqft
|
May 2024
|
Low-Cost Flat |
|
RM 225,000
|
RM 348.00
|
646 sqft
|
May 2024
|
||
|
RM 250,000
|
RM 387.00
|
646 sqft
|
Apr 2024
|
|
RM 200,000
|
RM 290.00
|
689 sqft
|
Apr 2024
|
||
|
RM 280,000
|
RM 406.00
|
689 sqft
|
Feb 2024
|
|
RM 290,000
|
RM 396.00
|
732 sqft
|
May 2024
|
|
RM 338,000
|
RM 388.00
|
872 sqft
|
May 2024
|
|
LTG PAYA TERUBONG 3
|
RM 760,000
|
RM 494.00
|
1,539 sqft
|
Oct 2024
|
|
JALAN SEMARAK API
|
RM 990,000
|
RM 442.00
|
2,239 sqft
|
Aug 2024
|
|
JALAN BERIKSA 1
|
RM 790,000
|
RM 316.00
|
2,497 sqft
|
Mar 2024
|
|
JLN RU 2
|
RM 900,000
|
RM 324.00
|
2,777 sqft
|
Feb 2024
|
|
JALAN BERIKSA 4
|
RM 1,080,000
|
RM 338.00
|
3,197 sqft
|
Feb 2024
|
|
LINTANG PAYA TERUBONG 4
|
RM 1,210,000
|
RM 355.00
|
3,412 sqft
|
Oct 2024
|
|
JLN RU 3
|
RM 1,100,000
|
RM 305.00
|
3,606 sqft
|
Oct 2024
|