Bandar Baru Air Itam

Farlim, Air Itam, Penang, Malaysia

Property Transactions

8 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
650 sqft
Flat
RM210,000
Level 09
646 sqft · RM325 PSF
700 sqft
Flat
RM280,000
Level 5
689 sqft · RM406 PSF
RM290,000
Level 8
689 sqft · RM421 PSF
2,200 sqft
2-Sty Terrace
RM828,000
Lorong Semarak Api 5
2,196 sqft · RM377 PSF
3,750 sqft
Semi-D
RM1,580,000
Lorong Semarak Api 4
3,767 sqft · RM419 PSF
Legend Recent Highest Price Highest PSF

Selling in Bandar Baru Air Itam? Homes here sold for a median of RM245,000.

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Market Snapshot

Residential

RM245,000

RM351 psf

Median transaction price

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Farlim, Air Itam, Penang, Malaysia

Maps

Bandar Baru Air Itam in Timur Laut, Penang recorded 8 subsale transactions in 2026, with a median price of RM245K and a median price per square foot (PSF) of RM351.

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 RM245K, with most transactions falling within a stable range of RM100K to RM725K, and a typical market range of RM189K to RM301K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM351, though individual units vary from RM272 to RM430 in the core range. The broader market spans RM307.50 to RM394.50, indicating diverse property characteristics. The spread of RM87.00 (IQR) and deviation of RM79 (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.