Area Intelligence

JLN AIR ITAM

4 properties
2023
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Median Price
RM 975,000
PSF: RM 709

Residential Market

Median Price

RM 975,000

IQR: RM 107
MAD: RM 64
RM 709 PSF 6.2%

PSF Trends (2021-2025)

JLN AIR ITAM in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 975K and a median price per square foot (PSF) of RM 709.

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 975K, with most transactions falling within a stable range of RM 830K to RM 1.25 million, and a typical market range of RM 881K to RM 1.07 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 709, with core pricing between RM 571 and RM 846. Market pricing typically extends from RM 654.88 to RM 762.13, reflecting moderate variation in unit pricing. The spread of RM 107.25 (IQR) and deviation of RM 138 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. 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

4 properties grouped by size

1,250 sqft
3 units Double Storey Terraced
RM 830,000
JLN AIR ITAM
1,246 sqft · RM 666.00 PSF
Oct 2023
RM 1,020,000
JLN AIR ITAM
1,245 sqft · RM 819.00 PSF
Aug 2023
RM 930,000
JLN AIR ITAM
1,239 sqft · RM 751.00 PSF
Mar 2023
3,400 sqft
1 units Double Storey Semi-D
RM 1,550,000
JLN PADANG TEMBAK
3,423 sqft · RM 453.00 PSF
Jul 2023