Penang
Barat Daya
12
I-PARK

I-PARK

Area Intelligence

Median Price

RM 244,500

PSF: RM 367

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Residential PSF Trends

Median Price

RM 240,000

PSF: RM 360

I-PARK in Barat Daya, Penang recorded 64 subsale transactions between 2021 and 2025, with a median price of RM 245K and a median price per square foot (PSF) of RM 367.

This area contains both residential and commercial properties. View 63 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 245K, with most transactions falling within a stable range of RM 300K to RM 277K, and a typical market range of RM 300K to RM 265K.

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

The median PSF stands at RM 367, with core pricing between RM 318 and RM 415. Market pricing typically extends from RM 336.50 to RM 396.50, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 49, 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.

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I-PARK, Barat Daya, Penang

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