Ayer Itam, Timur Laut, Pulau Pinang property prices

Transactions from March 2021 to June 2026

Recorded Transactions277
Total Properties Sold23
Total transactions ≤ RM1,000,000233
Total transactions above RM1,000,00044

Totals for Ayer Itam, Timur Laut, Pulau Pinang only. Properties sold counts distinct developments, not individual units.

Browse all in Ayer Itam, Timur Laut, Pulau Pinang

Browse all districts in Pulau Pinang

Browse all areas in Pulau Pinang

Browse all areas in Timur Laut

View population of Timur Laut

Ayer Itam, Timur Laut, Pulau Pinang property prices: key facts

Median Transacted Price
RM 97,000
Median Price PSF
RM 235.66
Most Preferred Tenure
Leasehold
Most Transacted Property Type
Low-Cost Flat
Most Transacted Property
Flat Rifle Range
Most Properties Sold In
June 2022 (13 Sales)
Low-Cost / Affordable Sold
165 (Up To RM 300,000)
Medium-Cost / Mid-Market Sold
38 (Above RM 300,000 To RM 800,000)
Luxury / High-End Sold
69 (Above RM 800,000 To RM 2,500,000)
Ultra-Luxury Sold
5 (Above RM 2,500,000)

Price bands cover positive transaction prices, including decimal amounts, with no gaps between tiers. Most-transacted facts reflect recorded volume, not a survey of buyer preferences.

Median price by year

Yearly transaction medians for Ayer Itam, Timur Laut, Pulau Pinang
YearMedian priceMedian RM/sqftTotal transactions
2026RM 687,500RM 370.8116
2025RM 147,500RM 331.9924
2024RM 81,500RM 212.3560
2023RM 89,000RM 226.1174
2022RM 84,000RM 204.3981
2021RM 545,000RM 294.5122

Most Transacted Properties in Ayer Itam, Timur Laut, Pulau Pinang

Most Transacted Properties in Ayer Itam, Timur Laut, Pulau Pinang, ranked by recorded transactions
Property name Property type Total transactions Median price Median RM/sqft
FLAT RIFLE RANGE Low-Cost Flat 150 RM 71,500 RM 185.81
JLN AIR ITAM 1 - 1 1/2 Storey Semi-Detached 25 RM 1,200,000 RM 389.97
RESERVOIR GARDEN 1 - 1 1/2 Storey Terraced 20 RM 895,000 RM 483.33
UL-RESIDENCE Town House 12 RM 1,500,000 RM 405.44
TAMAN BUKIT BENDERA Condominium/Apartment 11 RM 350,000 RM 452.60
KAWASAN CHOR SIN KHENG 1 - 1 1/2 Storey Terraced 9 RM 850,000 RM 394.62
SRI BENDERA Town House 7 RM 988,000 RM 491.16
TAMAN SRI AIR ITAM Low-Cost Flat 7 RM 190,000 RM 375.84
JLN ZOO 1 - 1 1/2 Storey Terraced 5 RM 800,000 RM 498.40
KAWASAN JALAN AIR ITAM 2 - 2 1/2 Storey Shop 5 RM 1,000,000 RM 799.37

Matching scheme names are combined within this report's location. Property links open the location with the most recorded transactions; its detail totals may differ from this combined ranking. Names without a complete report location are not linked. For mixed-type schemes, the most transacted property type is shown.

Ayer Itam, Timur Laut, Pulau Pinang Property Market Insight

Between March 2021 and June 2026, Ayer Itam, Timur Laut, Pulau Pinang recorded 277 property transactions within this area. The overall median transacted price stood at RM 97,000 (RM 235.66 PSF), serving as a practical benchmark for comparing localized values.

The market's upper bound reached RM 17,500,000 in ayer itam, whereas the lowest recorded sale was RM 46,000 in ayer itam. Across the area, Low-Cost Flat emerged as the most transacted property type.

Extreme prices describe individual recorded sales, not the typical price of an entire area.

Frequently Asked Questions

What is the median property price in Ayer Itam, Timur Laut, Pulau Pinang?

The median transacted property price in Ayer Itam, Timur Laut, Pulau Pinang is RM 97,000 (RM 235.66 per sq. ft.), based on 277 recorded sales from March 2021 to June 2026.

How much do high-rise properties cost in Ayer Itam, Timur Laut, Pulau Pinang?

The median transacted price for high-rise properties (condominiums and apartments) in Ayer Itam, Timur Laut, Pulau Pinang is RM 415,000, based on 11 transactions recorded from March 2021 to June 2026.

What type of tenure do buyers in Ayer Itam, Timur Laut, Pulau Pinang prefer?

Leasehold is the most frequently transacted tenure, accounting for 153 of 277 recorded transactions. Sales volume alone does not establish buyer preference.

How do residential and commercial prices compare in Ayer Itam, Timur Laut, Pulau Pinang?

Residential properties in Ayer Itam, Timur Laut, Pulau Pinang transacted at a median price of RM 89,000 across 264 sales, while commercial and industrial properties transacted at a median of RM 990,000 across 13 sales. A median is unavailable when no usable prices are recorded.

What are the most active or dominant property sub-sectors in Ayer Itam, Timur Laut, Pulau Pinang?

Low-Cost Flat accounts for the most recorded transactions (154). This identifies the most active category in this dataset; it does not by itself prove sustained demand or liquidity.

How reliable is this data, and can I rely on it to make a decision for my next property purchase?

These metrics are strictly for personal reference, market comparison, and informational purposes only. They are calculated from the imported transaction database; attribution to official sources such as NAPIC/JPPH should be independently verified. They are not professional financial, legal, or real estate investment advice. Property values can vary with individual unit condition, facing, floor level, renovation quality, and changing market dynamics. Always perform independent due diligence, consult a licensed real estate agent or registered valuer, and assess your personal financial position before making a property purchase or investment commitment.

Other area

How to read these figures

Medians use all positive recorded prices in the stated period, without removing outliers. PSF is calculated per transaction using land/parcel area in square feet, falling back to main floor area when land area is unavailable. Records without a usable price or area do not contribute to the respective median.

Capital gain/loss compares the first and latest recorded month's median price. It measures changes in the mix of properties sold, not the return on a specific property. A single priced month is reported as not available. Blank district, area and scheme names are excluded from named counts and rankings. District rankings retain state identity; area rankings retain district identity and combine case-only area-name variants.

State assignments use the existing district/area mapping and may need verification. Areas represent administrative sub-districts. Date ranges use the recorded month and year; undated records remain in overall totals but not dated trends. Analytics are cached for up to five minutes and refreshed when the database file changes.

← Back to All Areas