Farlim

Farlim, 11500 Air Itam, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM140,000
PSF
RM377
Price Size
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
RM3,300,000
Level 4
24,057 sqft · RM137 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM140,000

RM377 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 3 subsale transactions between 2021 and 2026, with a median price of RM140K and a median price per square foot (PSF) of RM377.

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 RM140K, with most transactions falling within a stable range of RM130K to RM1.63 million, and a typical market range of RM131K to RM149K.

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

Price per square foot shows a median of RM377, though individual units vary from RM260 to RM494 in the core range. The broader market spans RM355.75 to RM398.25, indicating diverse property characteristics. A wider spread (IQR: RM42.50) and deviation (MAD: RM117) indicate significant PSF variations, likely due to diverse property types or conditions.

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.