Island Park

Penang, Timur Laut, Bandar Georgetown

Property Transactions

2 subsales grouped by size

Median
RM 1,605,000
PSF
RM 730
Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM 1,530,000
Solok Tembaga 2
1,604 sqft · RM 954 PSF
3,300 sqft
Semi-D
RM 1,680,000
Jalan Besi
3,325 sqft · RM 505 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 1,605,000

RM 730 psf

Median transaction price

Island Park
© OpenStreetMap · CARTO

Island Park, Timur Laut, Penang

Island Park in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 1.61 million and a median price per square foot (PSF) of RM 730.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.61 million, with most transactions falling within a stable range of RM 1.53 million to RM 1.68 million, and a typical market range of RM 1.57 million to RM 1.64 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 730, though individual units vary from RM 505 to RM 954 in the core range. The broader market spans RM 617.50 to RM 841.50, indicating diverse property characteristics. A wider spread (IQR: RM 224.00) and deviation (MAD: RM 225) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.