Bandar Baru Air Itam

Farlim, Air Itam, Penang, Malaysia

Property Transactions

38 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
Flat
RM122,000
Level 5
506 sqft · RM241 PSF
600 sqft
Flat
RM155,000
Level 3
603 sqft · RM257 PSF
650 sqft
Flat
RM210,000
Level 09
646 sqft · RM325 PSF
RM225,000
Level 7
646 sqft · RM348 PSF
RM250,000
Level 11
646 sqft · RM387 PSF
RM218,000
Level 13
667 sqft · RM327 PSF
700 sqft
Flat
RM290,000
Level 8
689 sqft · RM421 PSF
RM280,000
Level 5
689 sqft · RM406 PSF
RM220,000
Level 7
692 sqft · RM318 PSF
RM200,000
Level 7
689 sqft · RM290 PSF
RM280,000
Level 11
689 sqft · RM406 PSF
RM250,000
Level 13
689 sqft · RM363 PSF
+17 more
750 sqft
Flat
RM290,000
Level 3
732 sqft · RM396 PSF
RM270,000
Level 5
732 sqft · RM369 PSF
RM270,000
Level 1
732 sqft · RM369 PSF
RM240,000
Level 4
732 sqft · RM328 PSF
RM230,000
Level 4
732 sqft · RM314 PSF
RM232,000
Level 11
732 sqft · RM317 PSF
850 sqft
Flat
RM338,000
Level 3
872 sqft · RM388 PSF
RM330,000
Level 4
872 sqft · RM378 PSF
950 sqft
Flat
RM320,000
Level 2
958 sqft · RM334 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM239,000

RM343 psf

Median transaction price

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Farlim, Air Itam, Penang, Malaysia

Maps

Bandar Baru Air Itam in Timur Laut, Penang recorded 38 Flat properties subsale transactions between 2021 and 2026, with a median price of RM239K and a median price per square foot (PSF) of RM343.

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 RM239K, with most transactions falling within a stable range of RM187K to RM291K, and a typical market range of RM183K to RM295K.

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

The median PSF stands at RM343, with core pricing between RM284 and RM403. Market pricing typically extends from RM299.81 to RM386.81, reflecting moderate variation in unit pricing. The spread of RM87.00 (IQR) and deviation of RM60 (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. Moderate transaction volume may require patience when buying or selling.