Farlim

Farlim, 11500 Air Itam, Penang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM122,500
PSF
RM348
Period
transactions middle 50% (P25–P75)
350 sqft
Shop
RM130,000
Level 6
344 sqft · RM377 PSF
RM140,000
Level 6
355 sqft · RM394 PSF
RM115,000
Level 6
355 sqft · RM324 PSF
RM120,000
Level 6
344 sqft · RM348 PSF
RM115,000
Level 5
344 sqft · RM334 PSF
RM115,000
Level 6
355 sqft · RM324 PSF
RM125,000
Level 6
344 sqft · RM363 PSF
RM3,300,000
Level 4
24,057 sqft · RM137 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM122,500

RM341 psf

Median transaction price

Bandar Baru Air Itam (Komplek Farlim)
© OpenStreetMap · CARTO

Farlim, Farlim, 11500 Air Itam, Penang, Malaysia

Maps

Farlim in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2026, with a median price of RM123K and a median price per square foot (PSF) of RM348.

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 RM123K, with most transactions falling within a stable range of RM115K to RM130K, and a typical market range of RM115K to RM131K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM348, with most transactions between RM329 and RM368. The usual range is RM327.13 to RM369.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM42.50 and an average deviation (MAD) of RM20 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.