ISLAND GLADES 2/T JALAN/LOR. DELIMA

ISLAND GLADES 2/T JALAN/LOR. DELIMA in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM 960K and a median price per square foot (PSF) of RM 633.

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 960K, with most transactions falling within a stable range of RM 816K to RM 1.10 million, and a typical market range of RM 787K to RM 1.13 million.

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

The median PSF stands at RM 633, with core pricing between RM 555 and RM 712. Market pricing typically extends from RM 539.63 to RM 726.38, reflecting moderate variation in unit pricing. With an IQR of RM 186.75 and MAD of RM 79, 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.