Bandar Baru Ayer Itam in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 5,425 and 5,474 sqft, with a median price of RM2.33 million and a median price per square foot (PSF) of RM427.

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 RM2.33 million, with most transactions falling within a stable range of RM1.80 million to RM2.85 million, and a typical market range of RM1.80 million to RM2.85 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 RM427, though individual units vary from RM330 to RM523 in the core range. The broader market spans RM228.63 to RM625.13, indicating diverse property characteristics. The spread of RM396.50 (IQR) and deviation of RM96 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.