I-PARK

I-PARK in Barat Daya, Penang recorded 22 subsale transactions in 2023, with a median price of RM 229K and a median price per square foot (PSF) of RM 343.

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 229K, with most transactions falling within a stable range of RM 200K to RM 257K, and a typical market range of RM 208K to RM 249K.

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

The median PSF stands at RM 343, with core pricing between RM 300 and RM 385. Market pricing typically extends from RM 311.50 to RM 373.50, reflecting moderate variation in unit pricing. With an IQR of RM 62.00 and MAD of RM 42, 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.