Penang
Timur Laut
Georgetown
ISLAND GLADES 2/T LTG DELIMA 1, 4-11

ISLAND GLADES 2/T LTG DELIMA 1, 4-11

Area Intelligence

2023

Median Price

RM 950,000

PSF: RM 684

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Residential PSF Trends

Median Price

RM 950,000

PSF: RM 684

ISLAND GLADES 2/T LTG DELIMA 1, 4-11 in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 950K and a median price per square foot (PSF) of RM 684.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 684, with most transactions between RM 684 and RM 684. The usual range is RM 634.25 to RM 733.75, showing that most units are priced quite close to each other. With an IQR of RM 99.50 and MAD of RM 0, 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.

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ISLAND GLADES 2/T LTG DELIMA 1, 4-11, Timur Laut, Penang

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