TAMAN AIR ITAM

TAMAN AIR ITAM in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 285K and a median price per square foot (PSF) of RM 434.

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 285K, with most transactions falling within a stable range of RM 238K to RM 332K, and a typical market range of RM 250K to RM 321K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 434, with core pricing between RM 366 and RM 502. Market pricing typically extends from RM 383.25 to RM 484.75, reflecting moderate variation in unit pricing. The spread of RM 101.50 (IQR) and deviation of RM 68 (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. 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.