Bandar Baru Ayer Itam

11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM1,535,000
PSF
RM462
Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
Shop
RM280,000
Level 1
517 sqft · RM542 PSF
RM230,000
Level 1
512 sqft · RM449 PSF
3,300 sqft
3-Sty Shop
RM1,570,000
Lintang Angsana
3,305 sqft · RM475 PSF
RM1,480,000
Medan Angsana
3,305 sqft · RM448 PSF
RM1,660,000
Lintang Angsana
3,305 sqft · RM502 PSF
3,900 sqft
3-Sty Shop
RM1,500,000
Jalan Paya Terubong
3,875 sqft · RM387 PSF
5,450 sqft
3-Sty Shop
RM1,800,000
Medan Angsana 4
5,447 sqft · RM330 PSF
RM2,850,000
Medan Angsana 4
5,447 sqft · RM523 PSF
Legend Recent Highest Price Highest PSF

Selling in Bandar Baru Ayer Itam? Homes here sold for a median of RM1,535,000.

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Market Snapshot

Commercial

RM1,535,000

RM462 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 8 subsale transactions in 2022, with a median price of RM1.54 million and a median price per square foot (PSF) of RM462.

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 RM1.54 million, with most transactions falling within a stable range of RM745K to RM2.33 million, and a typical market range of RM931K to RM2.14 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM462, with core pricing between RM396 and RM528. Market pricing typically extends from RM263.75 to RM660.25, reflecting moderate variation in unit pricing. With an IQR of RM396.50 and MAD of RM66, 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.