Area Intelligence

BANDAR BARU AYER ITAM

1 properties
Detached Factory
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Median Price
RM 17,500,000
PSF: RM 278

Commercial Market

Median Price

RM 17,500,000

IQR: RM 267
MAD: RM 267
RM 278 PSF 54.7%

PSF Trends (2021-2025)

BANDAR BARU AYER ITAM in Timur Laut, Penang recorded 1 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, with a median price of RM 17.50 million and a median price per square foot (PSF) of RM 278.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Detached Factory category, detached factory/warehouse dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 278, with most transactions between RM 278 and RM 278. The usual range is RM 118.25 to RM 437.75, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BARU AYER ITAM, Timur Laut, Penang

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Transactions

1 properties grouped by size

62,900 sqft
1 units Detached Factory
RM 17,500,000
OFF JALAN PADANG TEMBAK
62,925 sqft · RM 278.00 PSF
Oct 2021