Selling in Bandar Baru Ayer Itam? Homes here sold for a median of RM1,180,000.
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Bandar Baru Ayer Itam
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
Market Snapshot
CommercialRM1,180,000
RM520 psfMedian transaction price
Bandar Baru Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsBandar Baru Ayer Itam in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 2,225 and 2,274 sqft, with a median price of RM1.18 million and a median price per square foot (PSF) of RM520.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM520, with most transactions between RM520 and RM520. The usual range is RM321.30 to RM717.80, showing that most units are priced quite close to each other. With an IQR of RM396.50 and MAD of RM0, 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.