4 Houses for Sale at BL Avenue, Ayer Itam, Penang
DeveloperReka Indah Development Sdn Bhd
Explore iProperty
BL Avenue is a freehold apartment in Ayer Itam, Penang. There are currently 4 listing(s) available for sale on iProperty Malaysia. The listings start from RM500K for units with 1,000 sqft.
You can search for other projects within Ayer Itam such as Taman Boundary, Puncak Terubong, and Shineville Park. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying BL Avenue
Over the last 30 days, roughly 2 in 1,000 property searches in Ayer Itam were for BL Avenue. There are currently 3 total units available for sale at the project. The 3-Bedroom configuration is currently priced slightly above the Ayer Itam average. Just 3 of the 3 units currently listed are 3-Bedroom units, a reflection of its rarity rather than a shift in the wider market.
Developer & Launch
BL Avenue is an apartment project developed by Reka Indah Development Sdn Bhd. Located in Ayer Itam, the development reached completion in 2009.
The property is held under freehold tenure. It consists of 168 units distributed across 2 buildings.
Top Amenities & Facilities at BL Avenue
BL Avenue provides a selection of essential facilities designed to support the daily needs and lifestyle of its residents. These on-site amenities offer convenience and practical utility within the community environment.
- Playground
- BBQ
- Covered car park
- Gym
- 24-hour security
Pricing by Unit Type
- 3-Bedroom
- Average asking price: RM 465K
- Asking PSF: RM 440 psf
- vs. Ayer Itam avg. PSF: RM 427 psf (3.05% above average)
- Positioning: Fair value.
- Listings: 4
Neighbourhood at a Glance
BL Avenue is located within reach of several local amenities in Ayer Itam, including the Shineville Park Bus Stop situated 223 m away. This location provides buyers with verified proximity to essential services ranging from retail to healthcare within the immediate area.
- TRANSPORT: Shineville Park Bus Stop, 223 m (3 minutes walking distance)
- HEALTHCARE: Leo Pharmacy, 1.1 km (13 minutes walking distance)
- RETAIL: Heromarket, 868 m (10 minutes walking distance)
- EDUCATION: Clhs F6 Block, 1.1 km (14 minutes walking distance)
- FOOD & BEVERAGE: James Foo Western Food, 398 m (5 minutes walking distance)
- CONVENIENCE STORE: Shell, 1 km (12 minutes walking distance)
Past Transaction & Price Insights
BL Avenue recorded a median price of RM546 PSF during the period of 2023 to 2026. Historical transactions show a typical range between RM490 PSF and RM557 PSF.
The price trend indicates a decline of -22.5% in PSF value over this period.
Ready to Make Your Move?
4 homes are currently for sale at BL Avenue, starting from RM380,700. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.



