I-PARK

I-PARK in Barat Daya, Penang recorded 7 subsale transactions in 2022, 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 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 250K, with most transactions falling within a stable range of RM 219K to RM 255K, and a typical market range of RM 229K to RM 255K.

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

The median PSF stands at RM 375, with core pricing between RM 328 and RM 422. Market pricing typically extends from RM 344.00 to RM 406.00, reflecting moderate variation in unit pricing. With an IQR of RM 62.00 and MAD of RM 47, 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.