Kawasan Jalan Air Itam in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM2.51 million and a median price per square foot (PSF) of RM1,227.

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 RM2.51 million, with most transactions falling within a stable range of RM1.88 million to RM3.15 million, and a typical market range of RM2.19 million to RM2.83 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM1,227, though individual units vary from RM877 to RM1,577 in the core range. The broader market spans RM1,051.71 to RM1,401.71, indicating diverse property characteristics. A wider spread (IQR: RM350.00) and deviation (MAD: RM350) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.