Area Intelligence

TAMAN BUKIT AIR ITAM

3 properties
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Median Price
RM 698,000
PSF: RM 540

Residential Market

Median Price

RM 698,000

IQR: RM 115
MAD: RM 54
RM 540 PSF 13.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN BUKIT AIR ITAM in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 698K and a median price per square foot (PSF) of RM 540.

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 698K, with most transactions falling within a stable range of RM 665K to RM 731K, and a typical market range of RM 665K to RM 782K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 540, with core pricing between RM 486 and RM 594. Market pricing typically extends from RM 482.75 to RM 597.25, reflecting moderate variation in unit pricing. With an IQR of RM 114.50 and MAD of RM 54, 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.

Area Location

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TAMAN BUKIT AIR ITAM, Timur Laut, Penang

OSM

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Transactions

3 properties grouped by size

1,300 sqft
1 units Single Storey Terraced
RM 698,000
LORONG RAMBAI
1,293 sqft · RM 540.00 PSF
Jan 2024
1,350 sqft
1 units Single Storey Terraced
RM 665,000
LEBUH RAMBAI 3
1,367 sqft · RM 486.00 PSF
Jul 2022
1,400 sqft
1 units Double Storey Terraced
RM 1,000,000
LEBUH RAMBAI 6
1,399 sqft · RM 715.00 PSF
Nov 2024