Bandar Baru Ayer Itam

11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

4 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM290,000
Level 1
517 sqft RM561 PSF
RM280,000
Level 1
517 sqft RM542 PSF
RM280,000
Level 1
517 sqft RM542 PSF
RM230,000
Level 1
512 sqft RM449 PSF
Legend Recent Highest Price Highest PSF

Selling in Bandar Baru Ayer Itam? Homes here sold for a median of RM280,000.

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Market Snapshot

Commercial

RM280,000

RM542 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 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.