Bandar Baru Ayer Itam

11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

14 subsales grouped by road

Period
transactions middle 50% (P25–P75)
RM1,725,000
3,305 sqft
RM522 PSF
RM1,470,000
3,305 sqft
RM445 PSF
RM1,580,000
3,305 sqft
RM478 PSF
RM1,595,000
3,305 sqft
RM483 PSF
RM1,780,000
3,305 sqft
RM539 PSF
RM1,570,000
3,305 sqft
RM475 PSF
RM1,660,000
3,305 sqft
RM502 PSF
RM1,750,000
3,875 sqft
RM452 PSF
RM1,500,000
3,875 sqft
RM387 PSF
RM1,800,000
5,447 sqft
RM330 PSF
RM2,850,000
5,447 sqft
RM523 PSF
RM2,400,000
2,766 sqft
RM868 PSF
RM1,450,000
3,305 sqft
RM439 PSF
RM1,480,000
3,305 sqft
RM448 PSF
Legend Recent Highest Price Highest PSF

Selling in Bandar Baru Ayer Itam? Homes here sold for a median of RM1,480,000.

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Market Snapshot

Commercial

RM1,480,000

RM907 psf

Median transaction price

Bandar Baru Ayer Itam
© OpenStreetMap · CARTO

Bandar Baru Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Bandar Baru Ayer Itam in Timur Laut, Penang recorded 23 subsale transactions between 2021 and 2026, with a median price of RM1.48 million and a median price per square foot (PSF) of RM502.

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 RM1.48 million, with most transactions falling within a stable range of RM1.18 million to RM1.78 million, and a typical market range of RM876K to RM2.08 million.

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

Price per square foot shows a median of RM502, though individual units vary from RM304 to RM700 in the core range. The broader market spans RM304.09 to RM700.59, indicating diverse property characteristics. A wider spread (IQR: RM396.50) and deviation (MAD: RM198) indicate significant PSF variations, likely due to diverse property types or conditions.

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.