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KAWASAN JALAN AIR ITAM

Timur Laut, Pulau Pinang · Commercial · 7 recorded sales, May 2022 to May 2026

Thinly traded · 3 sales in 12 months2 - 2 1/2 Storey Shop · 63 - 3 1/2 Storey Shop · 1
RM 885psf median, against main floor area · 7 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 833 – 1,115 psf
Median price
RM 1,580,000
Price range
RM 1.00m – RM 3.15m
Main floor area
1,130 – 3,139 sq ft
Land area
1,208 – 3,950 sq ft
Median price per sq ft of land
RM 799

Median of 7 sales that carry a usable area, out of 7 on record. 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 1,253 sq ft against 1,529. 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

3 sales in the 12 months to May 2026. Last on record: 18 May 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.

20221 · RM 1,004 psf
20232 · RM 1,229 psf
20241 · RM 781 psf
20263 · RM 885 psf

Quarterly medians · not a price trend

7261,0071,2872022 Q2 — RM 1,004 psf, 1 sale2023 Q1 — RM 1,232 psf, 1 sale2023 Q2 — RM 1,226 psf, 1 sale2024 Q2 — RM 781 psf, 1 sale2026 Q2 — RM 885 psf, 3 sales
2022 Q22026 Q2
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 · 7 priced sales

RM 513–564 psf — 1 saleRM 564–616 psf — 0 salesRM 616–667 psf — 0 salesRM 667–718 psf — 0 salesRM 718–770 psf — 0 salesRM 770–821 psf — 1 saleRM 821–872 psf — 0 salesRM 872–924 psf — 2 salesRM 924–975 psf — 0 salesRM 975–1,026 psf — 1 saleRM 1,026–1,078 psf — 0 salesRM 1,078–1,129 psf — 0 salesRM 1,129–1,180 psf — 0 salesRM 1,180–1,232 psf — 2 sales
RM 513RM 1,232 psf

Each bar counts sales in a RM 51 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 · 7 of 7

DateTypeArea (sq ft)PricepsfTenure
18 May 20262 - 2 1/2 Storey Shop2,099RM 1,000,000476Freehold
20 Apr 20262 - 2 1/2 Storey Shop1,130RM 1,000,000885Freehold
20 Apr 20262 - 2 1/2 Storey Shop1,130RM 1,000,000885Freehold
29 May 20242 - 2 1/2 Storey Shop2,024RM 1,580,000781Freehold
5 Apr 20232 - 2 1/2 Storey Shop1,529RM 1,875,0001,226Freehold
16 Jan 20232 - 2 1/2 Storey Shop1,420RM 1,750,0001,232Freehold
9 May 20223 - 3 1/2 Storey Shop3,139RM 3,150,0001,004Freehold

Others in Timur Laut · commercial

WISMA CENTRAL
49 sales
BANDAR BARU AYER ITAM
RM 464 psf · 28 sales
HARBOUR TRADE CENTER
27 sales
BAZAAR TANJUNG/PRIMA TANJUNG
25 sales
GURNEY TOWER
20 sales
THE CEO/ CEO AVENUE
19 sales
KOMPLEK JALAN KEDAH
RM 310 psf · 17 sales
NORTHAM TOWER (MANSION ONE)
15 sales

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.