Selling in Bandar Baru Ayer Itam? Homes here sold for a median of RM2,400,000.
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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
CommercialRM2,400,000
RM868 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 2,725 and 2,774 sqft, with a median price of RM2.40 million and a median price per square foot (PSF) of RM868.
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 RM868, with most transactions between RM868 and RM868. The usual range is RM669.33 to RM1,065.83, 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.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.