Penang
Barat Daya
12
I-PARK

I-PARK

Area Intelligence

2023

Median Price

RM 228,500

PSF: RM 343

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Residential PSF Trends

Median Price

RM 228,500

PSF: RM 343

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 200K to RM 257K, 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 300 and RM 385. 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 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.

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I-PARK, Barat Daya, Penang

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Transactions

22 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

650 sqft

Low-Cost Flat

650 sqft

Low-Cost Flat

RM 290,000

Level 16

667 sqft · RM 435 PSF

Dec 2023

RM 260,000

Level 7

667 sqft · RM 390 PSF

Dec 2023

RM 275,000

Level 4

667 sqft · RM 412 PSF

Dec 2023

RM 208,000

Level 10

667 sqft · RM 312 PSF

Nov 2023

RM 200,000

Level 14

667 sqft · RM 300 PSF

Oct 2023

RM 285,000

Level 17

667 sqft · RM 427 PSF

Sep 2023

Level 16	RM 290,000	RM 435	667 sqft	Dec 2023
Level 7	RM 260,000	RM 390	667 sqft	Dec 2023
Level 4	RM 275,000	RM 412	667 sqft	Dec 2023
Level 10	RM 208,000	RM 312	667 sqft	Nov 2023
Level 14	RM 200,000	RM 300	667 sqft	Oct 2023
Level 17	RM 285,000	RM 427	667 sqft	Sep 2023