I-Park

Southwest District, Penang, Malaysia

Property Transactions

21 subsales found · LC Flat →

Median
RM 250,000
PSF
RM 375
Price Size
RM 210,000
Level 5
667 sqft RM 315 PSF
RM 230,000
Level 19
667 sqft RM 345 PSF
RM 260,000
Level 17
667 sqft RM 390 PSF
RM 270,000
Level 15
667 sqft RM 405 PSF
RM 285,000
Level 1
700 sqft RM 407 PSF
RM 200,000
Level 18
667 sqft RM 300 PSF
RM 260,000
Level 9
667 sqft RM 390 PSF
RM 270,000
Level 18
667 sqft RM 405 PSF
RM 200,000
Level 17
667 sqft RM 300 PSF
RM 250,000
Level 2
667 sqft RM 375 PSF
RM 240,000
Level 9
667 sqft RM 360 PSF
RM 270,000
Level 8
667 sqft RM 405 PSF
RM 250,000
Level 18
667 sqft RM 375 PSF
RM 250,000
Level 9
667 sqft RM 375 PSF
RM 220,000
Level 19
667 sqft RM 330 PSF
RM 230,000
Level 15
667 sqft RM 345 PSF
RM 280,000
Level 14
667 sqft RM 420 PSF
RM 240,000
Level 14
667 sqft RM 360 PSF
RM 285,000
Level 3
667 sqft RM 427 PSF
RM 220,000
Level 15
667 sqft RM 330 PSF
RM 250,000
Level 17
667 sqft RM 375 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 21 subsale transactions in 2024, 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 224K to RM 276K, 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 337 and RM 412. The usual range is RM 337.11 to RM 412.11, 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.