Area Intelligence

I-PARK

60 properties
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Median Price
RM 240,000
PSF: RM 360

Residential Market

Median Price

RM 240,000

IQR: RM 60
MAD: RM 30
RM 360 PSF 1.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 285,000

RM 407 PSF

PSF Trends (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.

Area Location

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I-PARK, Barat Daya, Penang

OSM

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Transactions

60 properties grouped by size

650 sqft
59 units (showing 6) Low-Cost Flat
RM 220,000
667 sqft · RM 330.00 PSF
Jan 2025
RM 249,000
667 sqft · RM 373.00 PSF
Jan 2025
RM 220,000
667 sqft · RM 330.00 PSF
Jan 2025
RM 210,000
667 sqft · RM 315.00 PSF
Nov 2024
RM 230,000
667 sqft · RM 345.00 PSF
Oct 2024
RM 260,000
667 sqft · RM 390.00 PSF
Oct 2024
700 sqft
1 units Shop/Retail Lot
RM 285,000
700 sqft · RM 407.00 PSF
Sep 2024