BANDAR BARU AYER ITAM-DESA INTAN

BANDAR BARU AYER ITAM-DESA INTAN in Timur Laut, Penang recorded 11 subsale transactions in 2024, with a median price of RM 200K 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 200K, with most transactions falling within a stable range of RM 156K to RM 244K, and a typical market range of RM 179K to RM 221K.

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

The median PSF stands at RM 320, with core pricing between RM 261 and RM 379. Market pricing typically extends from RM 292.50 to RM 347.50, reflecting moderate variation in unit pricing. The spread of RM 55.00 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.