Bandar Baru Air Itam

Farlim, Air Itam, Penang, Malaysia

Property Transactions

8 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Cluster
RM212,000
Lorong Semarak Api 2
687 sqft · RM309 PSF
RM300,000
Jalan Semarak Api
690 sqft · RM435 PSF
RM350,000
Jalan Semarak Api
690 sqft · RM507 PSF
RM250,000
Jalan Semarak Api 1
687 sqft · RM364 PSF
RM300,000
Jalan Semarak Api
689 sqft · RM435 PSF
RM345,000
Jalan Semarak Api
687 sqft · RM502 PSF
RM200,000
Jalan Semarak Api
687 sqft · RM291 PSF
RM300,000
Jalan Semarak Api
690 sqft · RM435 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM300,000

RM435 psf

Median transaction price

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Farlim, Air Itam, Penang, Malaysia

Maps

Bandar Baru Air Itam in Timur Laut, Penang recorded 8 Cluster House properties subsale transactions between 2021 and 2026, with a median price of RM300K and a median price per square foot (PSF) of RM435.

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 RM300K, with most transactions falling within a stable range of RM247K to RM350K, and a typical market range of RM244K to RM350K.

Within the Cluster House category, low-cost flat dominated the market, with high diversity across multiple property types.

The median PSF stands at RM435, with core pricing between RM359 and RM511. Market pricing typically extends from RM391.30 to RM478.30, reflecting moderate variation in unit pricing. The spread of RM87.00 (IQR) and deviation of RM76 (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.