I-Park

Southwest District, Penang, Malaysia

Property Transactions

68 subsales grouped by size · LC Flat →

Median
RM 250,000
PSF
RM 375
650 sqft
LC Flat
RM 360,000
Level 1
667 sqft · RM 539 PSF
RM 270,000
Level 18
667 sqft · RM 405 PSF
RM 300,000
Level 16
667 sqft · RM 450 PSF
RM 300,000
Level 8
667 sqft · RM 450 PSF
RM 300,000
Level 16
667 sqft · RM 450 PSF
RM 275,000
Level 2
667 sqft · RM 412 PSF
+61 more
700 sqft
Shop
RM 285,000
Level 1
700 sqft · RM 407 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 250,000

RM 375 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 RM 250K and a median price per square foot (PSF) of RM 375.

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 RM 250K, with most transactions falling within a stable range of RM 225K to RM 275K, and a typical market range of RM 225K to RM 275K.

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

For price per square foot, the median is RM 375, with most transactions between RM 338 and RM 412. The usual range is RM 337.50 to RM 412.50, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 37, 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.