I-Park

Southwest District, Penang, Malaysia

Property Transactions

68 subsales grouped by size · LC Flat →

Median
RM250,000
PSF
RM375
Period
transactions middle 50% (P25–P75)
650 sqft
LC Flat
RM360,000
Level 1
667 sqft · RM539 PSF
RM270,000
Level 18
667 sqft · RM405 PSF
RM300,000
Level 16
667 sqft · RM450 PSF
RM300,000
Level 8
667 sqft · RM450 PSF
RM300,000
Level 16
667 sqft · RM450 PSF
RM275,000
Level 2
667 sqft · RM412 PSF
+61 more
700 sqft
Shop
RM285,000
Level 1
700 sqft · RM407 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM250,000

RM375 psf

Median transaction price

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Southwest District, Penang, Malaysia

Maps

I-Park in Barat Daya, Penang recorded 68 subsale transactions between 2021 and 2026, with a median price of RM250K and a median price per square foot (PSF) of RM375.

This area contains both residential and commercial properties. View 67 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 RM250K, with most transactions falling within a stable range of RM225K to RM275K, and a typical market range of RM225K to RM275K.

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

For price per square foot, the median is RM375, with most transactions between RM338 and RM412. The usual range is RM337.11 to RM412.11, showing that most units are priced quite close to each other. With an IQR of RM75.00 and MAD of RM37, 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.