I-PARK

I-PARK in Barat Daya, Penang recorded 7 subsale transactions in 2021, 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 219K to RM 260K, and a typical market range of RM 219K to RM 260K.

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 328 and RM 392. 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 32, 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. Limited transaction history suggests carefully evaluating comparable sales data.