I-PARK

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 61 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 230K to RM 270K.

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 338 and RM 412. The usual range is RM 345.00 to RM 405.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 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.