ISLAND RESORT

ISLAND RESORT in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 750K and a median price per square foot (PSF) of RM 589.

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 750K, with most transactions falling within a stable range of RM 655K to RM 845K, and a typical market range of RM 630K to RM 913K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 589, with most transactions between RM 547 and RM 631. The usual range is RM 548.00 to RM 629.00, showing that most units are priced quite close to each other. With an IQR of RM 81.00 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.