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BANDAR BARU AYER ITAM

Timur Laut, Pulau Pinang · Commercial · 28 recorded sales, Oct 2021 to Jan 2026

Thinly traded · 1 sale in 12 months3 - 3 1/2 Storey Shop · 15Shop Unit/Retail Lot · 102 - 2 1/2 Storey Shop · 2
RM 464psf median, against main floor area · 18 priced sales
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The record

Middle half (25th–75th)
RM 441518 psf
Median price
RM 1,475,000
Price range
RM 138kRM 17.50m
Main floor area
1,70170,811 sq ft
Land area
45662,925 sq ft
Median price per sq ft of land
RM 887

Median of 18 sales that carry a usable area, out of 28 on record — NAPIC published no area for the other 10, so they have no psf. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,539 sq ft against 3,300. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

1 sale in the 12 months to Jan 2026. Last on record: 15 Jan 2026.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20213 · RM 247 psf
202210 · RM 449 psf
20238 · RM 483 psf
20246 · RM 449 psf
20261 · RM 570 psf

Quarterly medians · not a price trend

1964607242021 Q4 — RM 247 psf, 1 sale2022 Q1 — RM 503 psf, 1 sale2022 Q2 — RM 449 psf, 4 sales2022 Q4 — RM 427 psf, 2 sales2023 Q2 — RM 439 psf, 1 sale2023 Q3 — RM 511 psf, 2 sales2023 Q4 — RM 673 psf, 2 sales2024 Q3 — RM 449 psf, 2 sales2024 Q4 — RM 396 psf, 2 sales2026 Q1 — RM 570 psf, 1 sale
2021 Q42026 Q1
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 18 priced sales

RM 255–291 psf — 2 salesRM 291–328 psf — 0 salesRM 328–364 psf — 1 saleRM 364–401 psf — 1 saleRM 401–438 psf — 0 salesRM 438–474 psf — 5 salesRM 474–511 psf — 4 salesRM 511–547 psf — 3 salesRM 547–584 psf — 1 saleRM 584–620 psf — 0 salesRM 620–657 psf — 0 salesRM 657–693 psf — 0 salesRM 693–730 psf — 0 salesRM 730–767 psf — 1 sale
RM 255RM 767 psf

Each bar counts sales in a RM 37 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 20 of 28

DateTypeFloorArea (sq ft)PricepsfTenure
15 Jan 20262 - 2 1/2 Storey Shop1,701RM 970,000570Freehold
29 Oct 20243 - 3 1/2 Storey Shop3,300RM 1,725,000523Freehold
8 Oct 20242 - 2 1/2 Storey Shop3,672RM 990,000270Freehold
29 Aug 20243 - 3 1/2 Storey Shop3,300RM 1,470,000446Freehold
17 Jul 20243 - 3 1/2 Storey Shop3,875RM 1,750,000452Freehold
30 Apr 2024Shop Unit/Retail Lot1RM 290,000Freehold
19 Feb 2024Shop Unit/Retail Lot1RM 490,000Freehold
27 Nov 2023Shop Unit/Retail LotGRM 1,180,000Freehold
16 Nov 20233 - 3 1/2 Storey Shop3,300RM 1,580,000479Freehold
11 Oct 20233 - 3 1/2 Storey Shop2,766RM 2,400,000868Freehold
22 Aug 2023Shop Unit/Retail Lot1RM 280,000Freehold
18 Jul 20233 - 3 1/2 Storey Shop3,300RM 1,780,000539Freehold
10 Jul 20233 - 3 1/2 Storey Shop3,300RM 1,595,000483Freehold
13 Jun 2023Shop Unit/Retail Lot1RM 480,000Freehold
25 Apr 20233 - 3 1/2 Storey Shop3,300RM 1,450,000439Freehold
28 Dec 2022Shop Unit/Retail Lot1RM 280,000Freehold
25 Nov 2022Shop Unit/Retail Lot2RM 470,000Freehold
14 Nov 20223 - 3 1/2 Storey Shop5,450RM 2,850,000523Freehold
4 Nov 20223 - 3 1/2 Storey Shop5,450RM 1,800,000330Freehold
9 Sep 2022Shop Unit/Retail Lot1RM 230,000Freehold

Tenure across all 28 sales: Freehold 27 · Leasehold 1.

Others in Timur Laut · commercial

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.