ISLAND GLADES

Area Intelligence
2021
Median Price
RM 1,254,000
PSF: RM 975

Residential PSF Trends

Median Price

RM 808,000

PSF: RM 577

Commercial PSF Trends

Median Price

RM 1,700,000

RM 1,373 PSF

ISLAND 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 975.

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.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 975, with most transactions between RM 975 and RM 975. The usual range is RM 861.00 to RM 1,089.00, showing that most units are priced quite close to each other. With an IQR of RM 228.00 and MAD of RM 0, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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ISLAND GLADES, Timur Laut, Penang

OSM

Track location

Transactions

1 transactions grouped by size

1,250 sqft
Double Storey Shop
RM 1,700,000
LORONG DELIMA 6
1,238 sqft · RM 1,373 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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