ISLAND GLADES 2/T JALAN/LOR. DELIMA

ISLAND GLADES 2/T JALAN/LOR. DELIMA in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 880K and a median price per square foot (PSF) of RM 575.

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 880K, with most transactions falling within a stable range of RM 736K to RM 1.02 million, and a typical market range of RM 707K to RM 1.05 million.

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

The median PSF stands at RM 575, with core pricing between RM 497 and RM 654. Market pricing typically extends from RM 481.63 to RM 668.38, 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.