Area Intelligence

JLN AIR ITAM

5 properties
Double Storey Terraced
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Median Price
RM 1,100,000
PSF: RM 423

Residential Market

Median Price

RM 1,100,000

IQR: RM 190
MAD: RM 126
RM 423 PSF 23.3%

PSF Trends (2021-2025)

JLN AIR ITAM in Timur Laut, Penang recorded 5 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 423.

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 1.10 million, with most transactions falling within a stable range of RM 909K to RM 1.29 million, and a typical market range of RM 868K to RM 1.40 million.

Within the Double Storey Terraced 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 423, though individual units vary from RM 146 to RM 700 in the core range. The broader market spans RM 334.25 to RM 511.75, indicating diverse property characteristics. A wider spread (IQR: RM 177.50) and deviation (MAD: RM 277) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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JLN AIR ITAM, Timur Laut, Penang

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Transactions

5 properties grouped by size

1,400 sqft
2 units Double Storey Terraced
RM 1,300,000
JLN SATU
1,399 sqft · RM 929.00 PSF
Jan 2023
RM 1,400,000
JALAN SATU
1,421 sqft · RM 985.00 PSF
May 2022
2,050 sqft
1 units Double Storey Terraced
RM 868,000
JALAN SATU
2,053 sqft · RM 423.00 PSF
Nov 2024
2,450 sqft
1 units Double Storey Terraced
RM 1,020,000
JALAN POKOK SAGA
2,467 sqft · RM 413.00 PSF
Feb 2022
3,150 sqft
1 units Double Storey Terraced
RM 1,100,000
JALAN SATU
3,155 sqft · RM 349.00 PSF
May 2024