Area Intelligence

JLN AIR ITAM

3 properties
Double Storey Semi-D
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Median Price
RM 1,602,000
PSF: RM 507

Residential Market

Median Price

RM 1,602,000

IQR: RM 190
MAD: RM 126
RM 507 PSF 23.3%

PSF Trends (2021-2025)

JLN AIR ITAM in Timur Laut, Penang recorded 3 Double Storey Semi-D properties subsale transactions between 2021 and 2025 for double storey semi-d properties, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 507.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.60 million, with most transactions falling within a stable range of RM 1.33 million to RM 2.10 million, and a typical market range of RM 1.33 million to RM 1.90 million.

Within the Double Storey Semi-D category, 1 - 1 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 507, though individual units vary from RM 393 to RM 621 in the core range. The broader market spans RM 418.25 to RM 595.75, indicating diverse property characteristics. The spread of RM 177.50 (IQR) and deviation of RM 114 (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. 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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JLN AIR ITAM, Timur Laut, Penang

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Transactions

3 properties grouped by size

2,450 sqft
1 units Double Storey Semi-D
RM 1,602,000
JALAN TIGA
2,451 sqft · RM 654.00 PSF
Sep 2024
2,600 sqft
1 units Double Storey Semi-D
RM 1,330,000
LORONG EMPAT
2,625 sqft · RM 507.00 PSF
Oct 2023
6,650 sqft
1 units Double Storey Semi-D
RM 2,500,000
JALAN AYER ITAM
6,674 sqft · RM 375.00 PSF
Sep 2023