Bandar Baru Ayer Itam in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM1.60 million and a median price per square foot (PSF) of RM487.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.60 million, with most transactions falling within a stable range of RM999K to RM1.75 million, and a typical market range of RM994K to RM1.75 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM487, with core pricing between RM438 and RM536. Market pricing typically extends from RM288.56 to RM685.06, reflecting moderate variation in unit pricing. With an IQR of RM396.50 and MAD of RM49, the PSF demonstrates reasonable consistency across the market.

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.