Area Intelligence

BANDAR BARU AIR ITAM

7 properties
2025
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Median Price
RM 170,000
PSF: RM 320

Residential Market

Median Price

RM 170,000

IQR: RM 86
MAD: RM 42
RM 320 PSF 0.0%

PSF Trends (2021-2025)

BANDAR BARU AIR ITAM in Timur Laut, Penang recorded 7 subsale transactions in 2025, with a median price of RM 170K and a median price per square foot (PSF) of RM 320.

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 170K, with most transactions falling within a stable range of RM 135K to RM 425K, and a typical market range of RM 135K to RM 225K.

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

The median PSF stands at RM 320, with core pricing between RM 268 and RM 372. Market pricing typically extends from RM 278.00 to RM 362.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 52 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BARU AIR ITAM, Timur Laut, Penang

OSM

Transactions

7 properties grouped by size

500 sqft
4 units Low-Cost Flat
RM 135,000
512 sqft · RM 263.00 PSF
Feb 2025
RM 140,000
512 sqft · RM 273.00 PSF
Feb 2025
RM 164,000
512 sqft · RM 320.00 PSF
Jan 2025
RM 170,000
517 sqft · RM 329.00 PSF
Jan 2025
700 sqft
2 units
RM 300,000
Cluster House JALAN SEMARAK API
690 sqft · RM 435.00 PSF
Jan 2025
RM 220,000
Flat
692 sqft · RM 318.00 PSF
Jan 2025
2,800 sqft
1 units Double Storey Semi-D
RM 900,000
JALAN ZOO
2,777 sqft · RM 324.00 PSF
Feb 2025