Area Intelligence

JLN AIR ITAM

10 properties
2023
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Median Price
RM 1,315,000
PSF: RM 383

Residential Market

Median Price

RM 1,315,000

IQR: RM 190
MAD: RM 126
RM 383 PSF 23.3%

PSF Trends (2021-2025)

JLN AIR ITAM in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 1.32 million and a median price per square foot (PSF) of RM 383.

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 1.32 million, with most transactions falling within a stable range of RM 700K to RM 1.99 million, and a typical market range of RM 1.02 million to RM 1.61 million.

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

Price per square foot shows a median of RM 383, though individual units vary from RM 184 to RM 581 in the core range. The broader market spans RM 293.75 to RM 471.25, indicating diverse property characteristics. A wider spread (IQR: RM 177.50) and deviation (MAD: RM 199) 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

10 properties grouped by size

1,350 sqft
1 units Single Storey Terraced
RM 805,000
JALAN KHOO HYE KEAT
1,335 sqft · RM 603.00 PSF
Jan 2023
1,400 sqft
1 units Double Storey Terraced
RM 1,300,000
JLN SATU
1,399 sqft · RM 929.00 PSF
Jan 2023
1,800 sqft
1 units Single Storey Semi-D
RM 700,000
JLN KHOO HYE KEAT
1,795 sqft · RM 390.00 PSF
Jul 2023
2,600 sqft
1 units Double Storey Semi-D
RM 1,330,000
LORONG EMPAT
2,625 sqft · RM 507.00 PSF
Oct 2023
4,000 sqft
1 units Single Storey Semi-D
RM 1,200,000
JALAN POKOK SENA
3,987 sqft · RM 301.00 PSF
May 2023
4,600 sqft
1 units Single Storey Semi-D
RM 1,380,000
JALAN TAMAN CANTIK
4,606 sqft · RM 300.00 PSF
Sep 2023
5,750 sqft
1 units Single Storey Semi-D
RM 1,200,000
JALAN BATU PEREMPUAN
5,741 sqft · RM 209.00 PSF
Jun 2023
6,400 sqft
1 units Detached
RM 2,600,000
JALAN AIR ITAM
6,406 sqft · RM 406.00 PSF
Nov 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
8,850 sqft
1 units Detached
RM 2,500,000
JALAN KHOO HYE KEAT
8,826 sqft · RM 283.00 PSF
Jun 2023