Area Intelligence

KAWASAN JALAN AIR ITAM

1 properties
3-Storey Storey Shop
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Median Price
RM 3,150,000
PSF: RM 797

Commercial Market

Median Price

RM 3,150,000

IQR: RM 350
MAD: RM 350
RM 797 PSF 87.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAWASAN JALAN AIR ITAM in Timur Laut, Penang recorded 1 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 3.15 million and a median price per square foot (PSF) of RM 797.

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

Price remained flat, and PSF growth was PSF remained flat.

Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 797, with most transactions between RM 797 and RM 797. The usual range is RM 622.00 to RM 972.00, showing that most units are priced quite close to each other. With an IQR of RM 350.00 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAWASAN JALAN AIR ITAM, Timur Laut, Penang

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Transactions

1 properties grouped by size

3,950 sqft
1 units 3-Storey Storey Shop
RM 3,150,000
JALAN TERENGGANU
3,950 sqft · RM 797.00 PSF
May 2022