Penang
Timur Laut
Georgetown
ISLAND GLADES 2/T JALAN/LOR. DELIMA

ISLAND GLADES 2/T JALAN/LOR. DELIMA

Area Intelligence

2022

Median Price

RM 1,100,000

PSF: RM 762

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Residential PSF Trends

Median Price

RM 1,100,000

PSF: RM 762

ISLAND GLADES 2/T JALAN/LOR. DELIMA in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 762.

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 1.10 million, with most transactions falling within a stable range of RM 1.10 million to RM 857K, and a typical market range of RM 927K to RM 857K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 762, with most transactions between RM 749 and RM 776. The usual range is RM 668.63 to RM 855.38, showing that most units are priced quite close to each other. With an IQR of RM 186.75 and MAD of RM 14, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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ISLAND GLADES 2/T JALAN/LOR. DELIMA, Timur Laut, Penang

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