Island Glades
Taman Island Glades, Jelutong, Pulau Pinang, Malaysia
Taman Island Glades, Jelutong, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 808,000
RM 577 psfMedian transaction price
Taman Island Glades, Jelutong, Pulau Pinang, Malaysia
MapsIsland Glades in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 696.
This area contains both residential and commercial properties. View 25 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.25 million, with most transactions falling within a stable range of RM 808K to RM 1.70 million, and a typical market range of RM 1,000K to RM 1.51 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 696, with core pricing between RM 577 and RM 814. Market pricing typically extends from RM 581.76 to RM 809.76, reflecting moderate variation in unit pricing. The spread of RM 228.00 (IQR) and deviation of RM 118 (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.