I-Park

Southwest District, Penang, Malaysia

Property Transactions

25 subsales grouped by size · LC Flat →

Median
RM 260,000
PSF
RM 390
Price Size
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
+18 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 260,000

RM 390 psf

Median transaction price

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Southwest District, Penang, Malaysia

Maps

I-Park in Barat Daya, Penang recorded 25 subsale transactions between 2021 and 2026, with a median price of RM 260K and a median price per square foot (PSF) of RM 390.

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 260K, with most transactions falling within a stable range of RM 219K to RM 301K, and a typical market range of RM 235K to RM 285K.

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

The median PSF stands at RM 390, with core pricing between RM 328 and RM 451. Market pricing typically extends from RM 352.09 to RM 427.09, reflecting moderate variation in unit pricing. The spread of RM 75.00 (IQR) and deviation of RM 61 (MAD) suggest moderate price variations reflecting different property features.

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.