Island Glades 2/T Ltg Delima 1, 4-11

4, Lorong Delima 1, Taman Island Glades, 11600 George Town, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 1,210,000
PSF
RM 715
Price Size
1,250 sqft
2-Sty Terrace
RM 950,000
Lorong Delima 10
1,249 sqft · RM 761 PSF
2,200 sqft
2-Sty Terrace
RM 1,470,000
Lintang Delima 1
2,196 sqft · RM 669 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 1,210,000

RM 715 psf

Median transaction price

Island Glades 2/T Ltg Delima 1, 4-11
© OpenStreetMap · CARTO

4, Lorong Delima 1, Taman Island Glades, 11600 George Town, Pulau Pinang, Malaysia

Maps

Island Glades 2/T Ltg Delima 1, 4-11 in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 1.21 million and a median price per square foot (PSF) of RM 715.

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 1.21 million, with most transactions falling within a stable range of RM 950K to RM 1.47 million, and a typical market range of RM 964K to RM 1.46 million.

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

For price per square foot, the median is RM 715, with most transactions between RM 669 and RM 761. The usual range is RM 665.40 to RM 764.90, showing that most units are priced quite close to each other. With an IQR of RM 99.50 and MAD of RM 46, 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.