ISLAND GLADES 2/T JLN/LOR. DELIMA Property Investment Analysis

ISLAND GLADES 2/T JLN/LOR. DELIMA in Timur Laut, Penang recorded 23 subsale transactions between 2021 and 2025, with a median price of RM 990K and a median price per square foot (PSF) of RM 653.

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 990K, with most transactions falling within a stable range of RM 850K to RM 1.13 million, and a typical market range of RM 804K to RM 1.18 million.

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

The median PSF stands at RM 653, with core pricing between RM 575 and RM 731. Market pricing typically extends from RM 556.75 to RM 749.25, reflecting moderate variation in unit pricing. With an IQR of RM 192.50 and MAD of RM 78, 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. Moderate transaction volume may require patience when buying or selling.