Bandar Baru Ayer Itam

11500 Ayer Itam, Pulau Pinang, Malaysia

Property Transactions

14 subsales grouped by size

Median
RM1,627,500
PSF
RM477
Price Size
Period
transactions middle 50% (P25–P75)
2,750 sqft
3-Sty Shop
RM2,400,000
Lebuh Rambai 11
2,766 sqft · RM868 PSF
3,300 sqft
3-Sty Shop
RM1,725,000
Lintang Angsana
3,305 sqft · RM522 PSF
RM1,470,000
Lintang Angsana
3,305 sqft · RM445 PSF
RM1,580,000
Lintang Angsana
3,305 sqft · RM478 PSF
RM1,595,000
Lintang Angsana
3,305 sqft · RM483 PSF
RM1,780,000
Lintang Angsana
3,305 sqft · RM539 PSF
RM1,450,000
Jalan Angsana
3,305 sqft · RM439 PSF
+3 more
3,900 sqft
3-Sty Shop
RM1,750,000
Jalan Paya Terubong
3,875 sqft · RM452 PSF
RM1,500,000
Jalan Paya Terubong
3,875 sqft · RM387 PSF
5,450 sqft
3-Sty Shop
RM1,800,000
Medan Angsana 4
5,447 sqft · RM330 PSF
RM2,850,000
Medan Angsana 4
5,447 sqft · RM523 PSF
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Market Snapshot

Commercial

RM1,627,500

RM477 psf

Median transaction price

Bandar Baru Ayer Itam
© OpenStreetMap · CARTO

Bandar Baru Ayer Itam, 11500 Ayer Itam, Pulau Pinang, Malaysia

Maps

Bandar Baru Ayer Itam in Timur Laut, Penang recorded 14 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM1.63 million and a median price per square foot (PSF) of RM477.

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 RM1.63 million, with most transactions falling within a stable range of RM1.45 million to RM2.01 million, and a typical market range of RM1.45 million to RM2.23 million.

Within the 3-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM477, though individual units vary from RM360 to RM594 in the core range. The broader market spans RM278.37 to RM674.87, indicating diverse property characteristics. The spread of RM396.50 (IQR) and deviation of RM117 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.