ISLAND RESORT

Area Intelligence

Median Price

RM 750,000

PSF: RM 589

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Residential PSF Trends

Median Price

RM 750,000

PSF: RM 589

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.

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ISLAND RESORT, Timur Laut, Penang

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Transactions

12 transactions grouped by size

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Grouped View Individual View

Road	Price	Land PSF	Land	Date	Type

1,100 sqft

Condo/Apartment

1,100 sqft

Condo/Apartment

RM 750,000

Level 18

1,100 sqft · RM 682 PSF

Oct 2023

RM 660,000

Level 11

1,100 sqft · RM 600 PSF

Jun 2023

RM 730,000

Level 15

1,100 sqft · RM 664 PSF

Apr 2022

RM 650,000

Level 11

1,100 sqft · RM 591 PSF

Feb 2022

RM 630,000

Level 5

1,100 sqft · RM 573 PSF

Dec 2021

Level 18	RM 750,000	RM 682	1,100 sqft	Oct 2023
Level 11	RM 660,000	RM 600	1,100 sqft	Jun 2023
Level 15	RM 730,000	RM 664	1,100 sqft	Apr 2022
Level 11	RM 650,000	RM 591	1,100 sqft	Feb 2022
Level 5	RM 630,000	RM 573	1,100 sqft	Dec 2021

1,250 sqft

Condo/Apartment

1,250 sqft

Condo/Apartment

RM 732,000

Level 21

1,250 sqft · RM 586 PSF

Aug 2023

RM 780,000

Level 16

1,250 sqft · RM 624 PSF

Aug 2022

RM 750,000

Level 19

1,250 sqft · RM 600 PSF

Aug 2022

Level 21	RM 732,000	RM 586	1,250 sqft	Aug 2023
Level 16	RM 780,000	RM 624	1,250 sqft	Aug 2022
Level 19	RM 750,000	RM 600	1,250 sqft	Aug 2022

2,500 sqft

Condo/Apartment

2,500 sqft

Condo/Apartment

RM 1,100,000

Level 31

2,500 sqft · RM 440 PSF

Dec 2023

RM 1,350,000

Level 31

2,500 sqft · RM 540 PSF

Dec 2023

RM 1,200,000

Level 24

2,500 sqft · RM 480 PSF

Jan 2023

RM 1,018,000

Level 23

2,500 sqft · RM 407 PSF

Dec 2022

Level 31	RM 1,100,000	RM 440	2,500 sqft	Dec 2023
Level 31	RM 1,350,000	RM 540	2,500 sqft	Dec 2023
Level 24	RM 1,200,000	RM 480	2,500 sqft	Jan 2023
Level 23	RM 1,018,000	RM 407	2,500 sqft	Dec 2022