Island Resort
11100 Batu Ferringhi, Penang, Malaysia
11100 Batu Ferringhi, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 18
|
RM 750,000
|
RM 682
|
1,100 sqft
|
|
|
|
Level 11
|
RM 660,000
|
RM 600
|
1,100 sqft
|
|
|
Level 31
|
RM 1,100,000
|
RM 440
|
2,500 sqft
|
|
|
|
Level 31
|
RM 1,350,000
|
RM 540
|
2,500 sqft
|
|
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Market Snapshot
ResidentialRM 750,000
RM 586 psfMedian transaction price
11100 Batu Ferringhi, Penang, Malaysia
MapsIsland Resort in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 750K and a median price per square foot (PSF) of RM 586.
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 660K to RM 1.01 million, and a typical market range of RM 660K to RM 913K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 586, with core pricing between RM 506 and RM 665. Market pricing typically extends from RM 545.10 to RM 626.10, reflecting moderate variation in unit pricing. With an IQR of RM 81.00 and MAD of RM 79, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.