| LIST.MY · Bandar Baru Ayer Itam | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 1
|
RM290,000
|
RM561
|
517 sqft
|
|
Shop |
| 2023 | |||||
|
Level 1
|
RM280,000
|
RM542
|
517 sqft
|
|
Shop |
| 2022 | |||||
|
Level 1
|
RM280,000
|
RM542
|
517 sqft
|
|
Shop |
|
Level 1
|
RM230,000
|
RM449
|
512 sqft
|
|
Shop |
Selling in Bandar Baru Ayer Itam? Homes here sold for a median of RM280,000.
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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
CommercialRM280,000
RM542 psfMedian transaction price
Bandar Baru Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsBandar Baru Ayer Itam in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 475 and 524 sqft, with a median price of RM280K and a median price per square foot (PSF) of RM542.
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 RM280K, with most transactions falling within a stable range of RM257K to RM290K, and a typical market range of RM230K to RM290K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM542, with most transactions between RM498 and RM586. The usual range is RM343.68 to RM740.18, showing that most units are priced quite close to each other. With an IQR of RM396.50 and MAD of RM44, 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.