Island Glades 2/T Ltg Delima 1, 4-11
4, Lorong Delima 1, Taman Island Glades, 11600 George Town, Pulau Pinang, Malaysia
4, Lorong Delima 1, Taman Island Glades, 11600 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Delima 10
|
RM 900,000
|
RM 721
|
1,249 sqft
|
|
|
Lintang Delima 11
|
RM 1,080,000
|
RM 673
|
1,604 sqft
|
|
|
Lintang Delima 7
|
RM 1,750,000
|
RM 1,042
|
1,679 sqft
|
|
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Market Snapshot
ResidentialRM 1,080,000
RM 721 psfMedian transaction price
4, Lorong Delima 1, Taman Island Glades, 11600 George Town, Pulau Pinang, Malaysia
MapsIsland Glades 2/T Ltg Delima 1, 4-11 in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 721.
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 1.08 million, with most transactions falling within a stable range of RM 900K to RM 1.45 million, and a typical market range of RM 900K to RM 1.33 million.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 721, though individual units vary from RM 557 to RM 885 in the core range. The broader market spans RM 671.05 to RM 770.55, indicating diverse property characteristics. The spread of RM 99.50 (IQR) and deviation of RM 164 (MAD) suggest moderate price variations reflecting different property features.
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.