Rediscover

Ayer Itam

The median sale at Ayer Itam, Penang, Malaysia is RM 320,000

25%
RM 205,000
RM 250 (PSF)
MEDIAN
RM 320,000
RM 380 (PSF)
75%
RM 640,000
RM 490 (PSF)

Overview

Air Itam is a tourist destination about 6 kilometres outside of Georgetown, Penang Island. It is named after the murky rivers that runs through the district. It is quite a popular tourist destination and among some of the tourist spots includes Penang Hill and Kek Lok Si temple.

Bandar Baru Air Itam is a township that sits within the southern area of Air Itam. The main developer of the area is Farlim Group over the period of many years since the 80’s. At the start of development, Bandar Baru Air Itam was the single largest development undertaken by a private sector developer on the island.

There are still new developments being planned within the 356 acres township with the latest addition being the completion of Farlim Square in end 2016.

 

Amenities and Facilities

As it is a fairly mature township there are many facilities and amenities available to the residents. For educational needs of residents there are a total of ten primary schools, three high schools and a technical school are located within Air Itam. The school with the longest history is Chung Ling High School, a Chinese school which was founded in 1917. Within the Bandar Baru Air Itam township itself there are two public schools which is Sekolah Menengah Kebangsaan Air Hitam and Sekolah Kebangsaan Seri Indah school.

Many clinics service the area and there is one public clinic which is Klinik Kesihatan Bandar Baru Air Itam within the township. The nearest market is the Bandar Baru Ayer Itam Market along Lebuhraya Thean Teik. The presence of Balai Polis Bandar Baru Ayer Hitam also ensure security within the township.

Farlim Square, the new commercial center which opened in 2016 has made the area more hip with trendy cafes and entertainment outlets. Adjacent to the place is Sunshine Farlim Shopping Mall, which offers a two-storey retail center as well as hypermarket that provides for local groceries needs.

 

Accessibility and Transportation

The main access to Bandar Baru Air Itam is from Lebuhraya Thean Teik, which cuts through the township and runs from Batu Lanchang Lane to Jalan Paya Terubong. Another access is via Jalan Thean Teik, which links to Jalan Ayer Itam. Rapid Penang buses serve the area in a frequent manner with many stage buses as it is connected to the tourist attractions. 

Past Transactions

Project / TownShipsTypeMedian Price PsfMedian PriceFiled Transactions
Bandar Baru Air ItamFlat,Condominium/Apartment,Cluster House,Terrace House,Semi-Detached House,Detached HouseRM 234RM 218,242578 Transactions
Flat Rifle Range Flat,Condominium/ApartmentRM 127RM 49,778188 Transactions
Desa PermataFlat,Condominium/ApartmentRM 369RM 254,725174 Transactions
Sri Semarak (Asia Heights)Flat,Condominium/ApartmentRM 406RM 301,281174 Transactions
All Seasons ParkCondominium/Apartment,FlatRM 513RM 540,519161 Transactions
Desa BaiduriCondominium/Apartment,FlatRM 252RM 156,904144 Transactions
Desa MawarFlat,Condominium/ApartmentRM 187RM 100,280134 Transactions
Melody HomesFlat,Condominium/ApartmentRM 467RM 331,519114 Transactions
Taman Lone PineFlat,Condominium/ApartmentRM 314RM 182,718114 Transactions
Desa IntanFlat,Condominium/ApartmentRM 235RM 143,710110 Transactions
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Rent and Sale Prices in Ayer Itam

BedroomsSale PriceMonthly RentRental Yield
1RM --RM ----
2RM 205,150RM 6673.9%
3RM 402,600RM 1,1563.45%
4RM 752,464RM 1,9313.08%
5RM 1,145,700RM ----

Price per Square Foot

SectorPrice Psf (Non Landed)Price Psf (Landed)
Area AverageRM 293RM 397
State AverageRM 328RM 256

Highest Price Growth

Lowest Price Growth

ProjectsAnnual Growth
Taman Greenfield-0.47%
Desa Ixora-0.21%
All Seasons Park-0.21%
Fortune Court-0.04%
Desa Baiduri-0.04%
Flat Rifle Range -0.03%