Bandar Baru Ayer Itam

11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM1,515,000
PSF
RM529
Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
Shop
RM280,000
Level 1
517 sqft · RM542 PSF
700 sqft
Shop
RM480,000
Level 1
700 sqft · RM686 PSF
2,250 sqft
Shop
RM1,180,000
Level G
2,271 sqft · RM520 PSF
2,750 sqft
3-Sty Shop
RM2,400,000
Lebuh Rambai 11
2,766 sqft · RM868 PSF
3,300 sqft
3-Sty Shop
RM1,580,000
Lintang Angsana
3,305 sqft · RM478 PSF
RM1,595,000
Lintang Angsana
3,305 sqft · RM483 PSF
RM1,780,000
Lintang Angsana
3,305 sqft · RM539 PSF
RM1,450,000
Jalan Angsana
3,305 sqft · RM439 PSF
Legend Recent Highest Price Highest PSF

Selling in Bandar Baru Ayer Itam? Homes here sold for a median of RM1,515,000.

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Market Snapshot

Commercial

RM1,515,000

RM529 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 2023, with a median price of RM1.52 million and a median price per square foot (PSF) of RM529.

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 RM1.52 million, with most transactions falling within a stable range of RM869K to RM2.16 million, and a typical market range of RM911K to RM2.12 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 RM529, though individual units vary from RM397 to RM661 in the core range. The broader market spans RM330.85 to RM727.35, indicating diverse property characteristics. The spread of RM396.50 (IQR) and deviation of RM132 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.