I-PARK Property Investment Analysis

12, Barat Daya, Penang

Median Price
RM 240,000
CAGR
+1.4%
Median PSF
RM 360.00
CAGR
+1.4%
Transactions
60
Period
2021-2025

I-PARK in Barat Daya, Penang recorded 60 subsale transactions between 2021 and 2025, with a median price of RM 240K and a median price per square foot (PSF) of RM 360.

This area contains both residential and commercial properties. View 59 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 240K, with most transactions falling within a stable range of RM 220K to RM 260K, and a typical market range of RM 219K to RM 261K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 360, with most transactions between RM 330 and RM 390. The usual range is RM 329.00 to RM 391.00, showing that most units are priced quite close to each other. With an IQR of RM 62.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

ADVANCED FILTERS

TRANSACTIONS

60 found
Low-Cost Flat
RM 250,000
PSF: RM 375.00
Area: 667 sqft
Date: May 2022
Low-Cost Flat
RM 250,000
PSF: RM 375.00
Area: 667 sqft
Date: Apr 2022
Low-Cost Flat
RM 204,000
PSF: RM 306.00
Area: 667 sqft
Date: Feb 2022
Low-Cost Flat
RM 250,000
PSF: RM 375.00
Area: 667 sqft
Date: Dec 2021
Low-Cost Flat
RM 240,000
PSF: RM 360.00
Area: 667 sqft
Date: Dec 2021
Low-Cost Flat
RM 208,000
PSF: RM 312.00
Area: 667 sqft
Date: Nov 2021
Low-Cost Flat
RM 250,000
PSF: RM 375.00
Area: 667 sqft
Date: Nov 2021
Low-Cost Flat
RM 240,000
PSF: RM 360.00
Area: 667 sqft
Date: Nov 2021
Low-Cost Flat
RM 198,000
PSF: RM 297.00
Area: 667 sqft
Date: Sep 2021
Low-Cost Flat
RM 260,000
PSF: RM 390.00
Area: 667 sqft
Date: Mar 2021