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Selling in Bandar Baru Ayer Itam? Homes here sold for a median of RM1,480,000.
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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
CommercialRM1,480,000
RM907 psfMedian transaction price
Bandar Baru Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia
MapsBandar Baru Ayer Itam in Timur Laut, Penang recorded 0 subsale transactions in 2026, with a median price of RM1.48 million and a median price per square foot (PSF) of RM907.
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 RM1.48 million, with most transactions falling within a stable range of RM1.18 million to RM1.78 million, and a typical market range of RM876K to RM2.08 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 RM907, though individual units vary from RM709 to RM1,105 in the core range. The broader market spans RM708.75 to RM1,105.25, indicating diverse property characteristics. The spread of RM396.50 (IQR) and deviation of RM198 (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.