BANDAR BARU AYER ITAM
Commercial Market
Median Price
RM 990,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
3-Storey Storey Shop
14 properties
Median Price
RM 1,615,000
+3.3% CAGR
Median PSF
RM 1,026.00
+8.2% CAGR
Shop/Retail Lot
10 properties
Median Price
RM 424,500
-5.3% CAGR
Median PSF
RM 508.50
+9.9% CAGR
Double Storey Shop
1 properties
Median Price
RM 990,000
Median PSF
RM 917.00
Detached Factory
1 properties
Median Price
RM 17,500,000
Median PSF
RM 278.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
3-Storey Storey Shop | 14 |
RM 1,615,000
±20K MAD
|
+3.35% |
RM 1,026.00
±79 MAD
|
+8.25% | |
Shop/Retail Lot | 10 |
RM 424,500
±45K MAD
|
-5.29% |
RM 508.50
±47 MAD
|
+9.90% | |
Double Storey Shop | 1 |
RM 990,000
|
- |
RM 917.00
|
- | |
Detached Factory | 1 |
RM 17,500,000
|
- |
RM 278.00
|
- |
BANDAR BARU AYER ITAM in Timur Laut, Penang recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 990K and a median price per square foot (PSF) of RM 917.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Within the Double Storey Shop category, detached factory/warehouse dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 917, with most transactions between RM 917 and RM 917. The usual range is RM 757.25 to RM 1,076.75, showing that most units are priced quite close to each other. With an IQR of RM 319.50 and MAD of RM 0, 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN AYER PUTIH
|
RM 990,000
|
RM 917.00
|
1,080 sqft
|
Oct 2024
|