KAWASAN JALAN AIR ITAM
Commercial Market
Median Price
RM 1,750,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
3 properties
Median Price
RM 1,696,250
-12.8% CAGR
Median PSF
RM 1,222.00
+15.1% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 3,150,000
Median PSF
RM 797.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 3 |
RM 1,696,250
±116K MAD
|
-12.83% |
RM 1,222.00
±86 MAD
|
+15.14% | |
| 3-Storey Storey Shop | 1 |
RM 3,150,000
|
- |
RM 797.00
|
- |
KAWASAN JALAN AIR ITAM in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 1.75 million and a median price per square foot (PSF) of RM 775.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 775, with most transactions between RM 775 and RM 775. The usual range is RM 641.75 to RM 908.25, showing that most units are priced quite close to each other. With an IQR of RM 266.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN AIR HITAM
|
RM 1,750,000
|
RM 775.00
|
2,259 sqft
|
Jan 2023
|