Area Intelligence

JLN AIR ITAM

2 properties
2021
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Median Price
RM 1,200,000
PSF: RM 261

Residential Market

Median Price

RM 1,200,000

IQR: RM 190
MAD: RM 126
RM 261 PSF 23.3%

PSF Trends (2021-2025)

JLN AIR ITAM in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 261.

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 1.20 million, with most transactions falling within a stable range of RM 1.15 million to RM 1.25 million, and a typical market range of RM 1.15 million to RM 1.25 million.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 261, with core pricing between RM 233 and RM 288. Market pricing typically extends from RM 171.75 to RM 349.25, reflecting moderate variation in unit pricing. With an IQR of RM 177.50 and MAD of RM 28, 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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JLN AIR ITAM, Timur Laut, Penang

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Transactions

2 properties grouped by size

4,000 sqft
1 units Single Storey Semi-D
RM 1,150,000
JALAN POKOK SENA
3,987 sqft · RM 288.00 PSF
Dec 2021
5,350 sqft
1 units Detached
RM 1,250,000
JALAN MATANG KUCHING
5,356 sqft · RM 233.00 PSF
Nov 2021