BANDAR BARU AYER ITAM-DESA INTAN

BANDAR BARU AYER ITAM-DESA INTAN in Timur Laut, Penang recorded 19 subsale transactions in 2023, with a median price of RM 195K and a median price per square foot (PSF) of RM 307.

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 195K, with most transactions falling within a stable range of RM 168K to RM 222K, and a typical market range of RM 174K to RM 216K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 307, with core pricing between RM 271 and RM 343. Market pricing typically extends from RM 279.50 to RM 334.50, reflecting moderate variation in unit pricing. With an IQR of RM 55.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.