I-PARK

I-PARK in Barat Daya, Penang recorded 59 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 240K and a median price per square foot (PSF) of RM 360.

This area contains both residential and commercial properties. View 59 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 240K, with most transactions falling within a stable range of RM 213K to RM 267K, and a typical market range of RM 219K to RM 261K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with minimal variety in property types.

The median PSF stands at RM 360, with core pricing between RM 320 and RM 400. Market pricing typically extends from RM 329.00 to RM 391.00, reflecting moderate variation in unit pricing. With an IQR of RM 62.00 and MAD of RM 40, 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.