Bandar Baru Air Itam

Farlim, Air Itam, Penang, Malaysia

Property Transactions

179 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
LC Flat
RM145,000
Level 2
517 sqft · RM281 PSF
RM135,000
Level 8
517 sqft · RM261 PSF
RM100,000
Level 14
512 sqft · RM195 PSF
RM105,000
Level 4
512 sqft · RM205 PSF
RM210,000
Level 11
512 sqft · RM410 PSF
RM140,000
Level 6
512 sqft · RM273 PSF
+137 more
550 sqft
LC Flat
RM140,000
Level 13
530 sqft · RM264 PSF
600 sqft
LC Flat
RM140,000
Level 9
611 sqft · RM229 PSF
RM125,000
Level 4
614 sqft · RM204 PSF
RM128,000
Level 15
611 sqft · RM209 PSF
RM145,000
Level 8
603 sqft · RM241 PSF
RM210,000
Level 1
614 sqft · RM342 PSF
RM128,000
Level 4
614 sqft · RM209 PSF
+29 more
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Market Snapshot

Residential

RM140,000

RM261 psf

Median transaction price

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Farlim, Air Itam, Penang, Malaysia

Maps

Bandar Baru Air Itam in Timur Laut, Penang recorded 179 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM140K and a median price per square foot (PSF) of RM261.

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 RM140K, with most transactions falling within a stable range of RM114K to RM166K, and a typical market range of RM90K to RM196K.

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

The median PSF stands at RM261, with core pricing between RM215 and RM307. Market pricing typically extends from RM217.79 to RM304.79, reflecting moderate variation in unit pricing. The spread of RM87.00 (IQR) and deviation of RM46 (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. Steady transaction activity supports reliable market pricing.