I-Park

Southwest District, Penang, Malaysia

Property Transactions

22 subsales grouped by size · LC Flat →

Median
RM 228,500
PSF
RM 342
Price Size
650 sqft
LC Flat
RM 290,000
Level 16
667 sqft · RM 435 PSF
RM 260,000
Level 7
667 sqft · RM 390 PSF
RM 275,000
Level 4
667 sqft · RM 412 PSF
RM 208,000
Level 10
667 sqft · RM 312 PSF
RM 200,000
Level 14
667 sqft · RM 300 PSF
RM 285,000
Level 17
667 sqft · RM 427 PSF
+16 more
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 228,500

RM 342 psf

Median transaction price

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Southwest District, Penang, Malaysia

Maps

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 342.

This area contains both residential and commercial properties. View 67 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 204K to RM 254K.

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

The median PSF stands at RM 342, with core pricing between RM 300 and RM 385. Market pricing typically extends from RM 304.89 to RM 379.89, reflecting moderate variation in unit pricing. With an IQR of RM 75.00 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.