Kawasan Jalan Air Itam in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM1.67 million and a median price per square foot (PSF) of RM1,042.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.67 million, with most transactions falling within a stable range of RM1.58 million to RM1.75 million, and a typical market range of RM1.62 million to RM1.71 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM1,042, though individual units vary from RM775 to RM1,308 in the core range. The broader market spans RM908.25 to RM1,174.75, indicating diverse property characteristics. A wider spread (IQR: RM266.50) and deviation (MAD: RM267) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.