BANDAR BARU AYER ITAM
Commercial Market
Median Price
RM 1,627,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
3-Storey Storey Shop
14 properties
Median Price
RM 1,615,000
+3.3% CAGR
Median PSF
RM 1,026.00
+8.2% CAGR
Shop/Retail Lot
10 properties
Median Price
RM 424,500
-5.3% CAGR
Median PSF
RM 508.50
+9.9% CAGR
Double Storey Shop
1 properties
Median Price
RM 990,000
Median PSF
RM 917.00
Detached Factory
1 properties
Median Price
RM 17,500,000
Median PSF
RM 278.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| 3-Storey Storey Shop | 14 |
RM 1,615,000
±20K MAD
|
+3.35% |
RM 1,026.00
±79 MAD
|
+8.25% | |
| Shop/Retail Lot | 10 |
RM 424,500
±45K MAD
|
-5.29% |
RM 508.50
±47 MAD
|
+9.90% | |
| Double Storey Shop | 1 |
RM 990,000
|
- |
RM 917.00
|
- | |
| Detached Factory | 1 |
RM 17,500,000
|
- |
RM 278.00
|
- |
BANDAR BARU AYER ITAM in Timur Laut, Penang recorded 14 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.63 million and a median price per square foot (PSF) of RM 969.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.63 million, with most transactions falling within a stable range of RM 1.45 million to RM 2.01 million, and a typical market range of RM 1.45 million to RM 2.23 million.
Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.
The median PSF stands at RM 969, with core pricing between RM 864 and RM 1,073. Market pricing typically extends from RM 770.25 to RM 1,166.75, reflecting moderate variation in unit pricing. With an IQR of RM 396.50 and MAD of RM 104, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
14 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN PAYA TERUBONG
|
RM 1,750,000
|
RM 1,153.00
|
1,518 sqft
|
Jul 2024
|
|
LINTANG ANGSANA
|
RM 1,725,000
|
RM 1,105.00
|
1,561 sqft
|
Oct 2024
|
|
|
LINTANG ANGSANA
|
RM 1,470,000
|
RM 955.00
|
1,539 sqft
|
Aug 2024
|
|
|
LINTANG ANGSANA
|
RM 1,580,000
|
RM 1,026.00
|
1,539 sqft
|
Nov 2023
|
|
|
LINTANG ANGSANA
|
RM 1,595,000
|
RM 1,036.00
|
1,539 sqft
|
Jul 2023
|
|
|
LINTANG ANGSANA
|
RM 1,780,000
|
RM 1,148.00
|
1,550 sqft
|
Jul 2023
|
|
|
JALAN ANGSANA
|
RM 1,450,000
|
RM 942.00
|
1,539 sqft
|
Apr 2023
|
|
|
JALAN PAYA TERUBONG
|
RM 1,500,000
|
RM 975.00
|
1,539 sqft
|
May 2022
|
|
|
MEDAN ANGSANA
|
RM 1,480,000
|
RM 962.00
|
1,539 sqft
|
Apr 2022
|
|
LINTANG ANGSANA
|
RM 1,660,000
|
RM 907.00
|
1,830 sqft
|
Jan 2022
|
|
MEDAN ANGSANA 4
|
RM 1,800,000
|
RM 924.00
|
1,948 sqft
|
Nov 2022
|
|
LINTANG ANGSANA
|
RM 1,570,000
|
RM 772.00
|
2,034 sqft
|
Jun 2022
|
|
MEDAN ANGSANA 4
|
RM 2,850,000
|
RM 1,063.00
|
2,680 sqft
|
Nov 2022
|
|
LEBUH RAMBAI 11
|
RM 2,400,000
|
RM 868.00
|
2,766 sqft
|
Oct 2023
|