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 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 229K, with most transactions falling within a stable range of RM 204K to RM 253K, and a typical market range of RM 209K 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 306 and RM 379. Market pricing typically extends from RM 312.50 to RM 372.50, reflecting moderate variation in unit pricing. 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.