Timur Laut, Penang · Freehold · 273 transactions
Estimated Market Value
Units (506–3251 sqft) estimated at RM147K – RM944K based on median PSF of RM290/sqft (273 verified transactions)
+14.6%
since 2021
Median Price
RM155K
RM130K – RM250K
Median PSF
RM290
RM248 – RM369
Transactions
273
2021-03 to 2026-02
Size Range
506 – 3251
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Feb 2026 | Flat | Freehold | 646 | RM325 | RM210K |
| Feb 2026 | Low-Cost Flat | Freehold | 517 | RM281 | RM145K |
| Feb 2026 | Low-Cost Flat | Leasehold | 517 | RM261 | RM135K |
| Jan 2026 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 3,251 | RM486 | RM1.58M |
| Jan 2026 | 2 - 2 1/2 Storey Terraced | Freehold | 2,196 | RM377 | RM828K |
| Jan 2026 | Flat | Freehold | 689 | RM406 | RM280K |
| Jan 2026 | Flat | Freehold | 689 | RM421 | RM290K |
| Jan 2026 | Low-Cost Flat | Freehold | 512 | RM195 | RM100K |
265 more transactions hidden
BANDAR BARU AIR ITAM · 273 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2026 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 273 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Timur Laut & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for BANDAR BARU AIR ITAM
Earliest PSF (2021)
RM329
Current PSF (2026)
RM377
Capital Gain
+14.6%
Total Return (est.)
6.8% p.a.
| Capital appreciation (5 years) | +14.6% |
| Annualised capital return | +2.9% p.a. |
| Est. gross rental yield | 3.9% p.a. |
| Est. total return (capital + rental) | 6.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 5yr) | +16.6% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM500/mo
Rent Range
RM400-600
25th – 75th pct
Rent PSF
RM0.97
Est. Yield
3.9% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM400/mo |
| Semi Furnished | RM500/mo |
| Fully Furnished | RM600/mo |
*Estimated rental figures based on Penang district average gross yield (3.9%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 500 sqft | 145 | RM135K | RM261 |
| 600 sqft | 36 | RM155K | RM257 |
| 650 sqft | 4 | RM225K | RM348 |
| 700 sqft | 33 | RM250K | RM363 |
| 750 sqft | 6 | RM270K | RM369 |
| 850 sqft | 7 | RM630K | RM732 |
| 1,000 sqft | 5 | RM600K | RM593 |
| 1,150 sqft | 2 | RM830K | RM721 |
| 1,300 sqft | 6 | RM780K | RM609 |
| 1,450 sqft | 2 | RM1.30M | RM908 |
| 1,500 sqft | 7 | RM1.20M | RM791 |
| 1,550 sqft | 4 | RM1.10M | RM720 |
| 1,700 sqft | 2 | RM1.10M | RM643 |
| 1,850 sqft | 3 | RM1.08M | RM577 |
| 2,200 sqft | 4 | RM900K | RM410 |
| 3,250 sqft | 2 | RM1.58M | RM486 |
PSF Trend: Appreciating
PSF moved from RM329 (2021) to RM377 (2026)
Liquidity: High
273 transactions over 5 years (~55/year)
34% below Timur Laut average
This project: RM290 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 6.8% p.a. (beats FD)
Capital gain (2.9% p.a.) + rental yield (~3.9% p.a.)
BANDAR BARU AIR ITAM delivers a strong estimated total return of 6.8% p.a. — comprising +2.9% capital appreciation and ~3.9% rental yield over 5 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 34% below the Timur Laut average — potentially undervalued. Best suited for long-term holders, those who value liquidity.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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