ISLAND PARK Property Investment Analysis
PROPERTY TYPES OVERVIEW
Service Apartment
13 properties
Median Price
RM 422,500
-7.5% CAGR
Median PSF
RM 480.00
-0.4% CAGR
Shop Unit/Retail Lot
6 properties
Median Price
RM 1,350,000
Median PSF
RM 798.00
Office Lot
2 properties
Median Price
RM 1,389,000
Median PSF
RM 812.50
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Service Apartment | 13 | 5,351,000 |
RM 422,500
±28K MAD
|
-7.48% |
RM 480.00
±33 MAD
|
-0.36% | |
Shop Unit/Retail Lot | 6 | 8,195,000 |
RM 1,350,000
|
- |
RM 798.00
|
- | |
Office Lot | 2 | 2,778,000 |
RM 1,389,000
|
- |
RM 812.50
|
- |
ISLAND PARK in Timur Laut, Penang recorded 51 subsale transactions between 2021 and 2025, with a median price of RM 1.32 million and a median price per square foot (PSF) of RM 671.
This area contains both residential and commercial properties. View 50 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.32 million, with most transactions falling within a stable range of RM 990K to RM 1.65 million, and a typical market range of RM 930K to RM 1.91 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 671, with core pricing between RM 587 and RM 755. Market pricing typically extends from RM 585.25 to RM 756.75, reflecting moderate variation in unit pricing. With an IQR of RM 171.50 and MAD of RM 84, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
2 - 2 1/2 Storey Terraced |
TINGKAT BESI
|
RM 1,140,000
|
RM 695.00
|
1,640 sqft
|
Oct 2024
|
2 - 2 1/2 Storey Semi-Detached |
JLN MASJID NEGERI
|
RM 3,910,000
|
RM 983.00
|
3,978 sqft
|
Aug 2024
|
2 - 2 1/2 Storey Terraced |
TINGKAT BESI
|
RM 1,150,000
|
RM 697.00
|
1,649 sqft
|
Jul 2024
|
2 - 2 1/2 Storey Semi-Detached |
JLN MASJID NEGERI
|
RM 3,800,000
|
RM 946.00
|
4,018 sqft
|
Jul 2024
|
2 - 2 1/2 Storey Terraced |
JLN TEMBAGA
|
RM 1,050,000
|
RM 677.00
|
1,550 sqft
|
Jun 2024
|
2 - 2 1/2 Storey Semi-Detached |
MEDAN TEMBAGA
|
RM 3,350,000
|
RM 477.00
|
7,025 sqft
|
Apr 2024
|
2 - 2 1/2 Storey Semi-Detached |
JALAN BESI
|
RM 1,825,000
|
RM 559.00
|
3,266 sqft
|
Mar 2024
|
2 - 2 1/2 Storey Terraced |
MEDAN TEMBAGA
|
RM 1,460,000
|
RM 682.00
|
2,142 sqft
|
Mar 2024
|
2 - 2 1/2 Storey Semi-Detached |
PERSIARAN BESI
|
RM 2,430,000
|
RM 784.00
|
3,100 sqft
|
Feb 2024
|
2 - 2 1/2 Storey Terraced |
SOLOK TEMBAGA
|
RM 1,180,000
|
RM 877.00
|
1,345 sqft
|
Feb 2024
|
2 - 2 1/2 Storey Semi-Detached |
PESIARAN BESI
|
RM 1,800,000
|
RM 590.00
|
3,049 sqft
|
Feb 2024
|
2 - 2 1/2 Storey Shop |
JLN MAS
|
RM 2,800,000
|
RM 679.00
|
4,126 sqft
|
Jan 2024
|
2 - 2 1/2 Storey Terraced |
SOLOK TEMBAGA SATU
|
RM 1,200,000
|
RM 750.00
|
1,599 sqft
|
Dec 2023
|
2 - 2 1/2 Storey Semi-Detached |
JLN TEMBAGA
|
RM 2,800,000
|
RM 565.00
|
4,955 sqft
|
Dec 2023
|
2 - 2 1/2 Storey Terraced |
MEDAN TEMBAGA T S 5
|
RM 1,320,000
|
RM 587.00
|
2,250 sqft
|
Oct 2023
|
2 - 2 1/2 Storey Terraced |
TINGKAT BESI
|
RM 995,000
|
RM 666.00
|
1,495 sqft
|
Oct 2023
|
2 - 2 1/2 Storey Terraced |
TINGKAT BESI
|
RM 1,200,000
|
RM 728.00
|
1,649 sqft
|
Oct 2023
|
2 - 2 1/2 Storey Terraced |
TKT BESI 2
|
RM 1,035,000
|
RM 644.00
|
1,607 sqft
|
Aug 2023
|
2 - 2 1/2 Storey Semi-Detached |
MEDAN TEMBAGA
|
RM 1,800,000
|
RM 561.00
|
3,208 sqft
|
Aug 2023
|
2 - 2 1/2 Storey Terraced |
SOLOK TEMBAGA 2
|
RM 1,600,000
|
RM 519.00
|
3,083 sqft
|
Jun 2023
|
2 - 2 1/2 Storey Terraced |
JLN TEMBAGA
|
RM 1,030,000
|
RM 719.00
|
1,432 sqft
|
Jun 2023
|
2 - 2 1/2 Storey Semi-Detached |
JLN MASJID NEGERI
|
RM 3,600,000
|
RM 901.00
|
3,994 sqft
|
May 2023
|
2 - 2 1/2 Storey Semi-Detached |
JLN MESJID NEGERI
|
RM 2,600,000
|
RM 578.00
|
4,496 sqft
|
Apr 2023
|
2 - 2 1/2 Storey Terraced |
SOLOK GANGSA SATU
|
RM 1,300,000
|
RM 760.00
|
1,711 sqft
|
Apr 2023
|
2 - 2 1/2 Storey Semi-Detached |
LEBUHRAYA MAS
|
RM 1,700,000
|
RM 566.00
|
3,006 sqft
|
Apr 2023
|
2 - 2 1/2 Storey Semi-Detached |
PERSIARAN BESI
|
RM 1,800,000
|
RM 538.00
|
3,345 sqft
|
Mar 2023
|
2 - 2 1/2 Storey Semi-Detached |
MEDAN TEMBAGA
|
RM 2,650,000
|
RM 338.00
|
7,841 sqft
|
Mar 2023
|
2 - 2 1/2 Storey Terraced |
SOLOK TEMBAGA 3
|
RM 1,150,000
|
RM 644.00
|
1,786 sqft
|
Feb 2023
|
2 - 2 1/2 Storey Semi-Detached |
SOLOK BESI
|
RM 1,820,000
|
RM 492.00
|
3,703 sqft
|
Jan 2023
|
2 - 2 1/2 Storey Terraced |
JALAN TEMBAGA
|
RM 995,000
|
RM 695.00
|
1,432 sqft
|
Jan 2023
|
2 - 2 1/2 Storey Terraced |
LORONG TEMBAGA
|
RM 1,280,000
|
RM 668.00
|
1,916 sqft
|
Jan 2023
|
2 - 2 1/2 Storey Semi-Detached |
JLN TEMBAGA
|
RM 2,330,000
|
RM 456.00
|
5,108 sqft
|
Nov 2022
|
2 - 2 1/2 Storey Semi-Detached |
JALAN BESI
|
RM 2,100,000
|
RM 601.00
|
3,494 sqft
|
Oct 2022
|
2 - 2 1/2 Storey Terraced |
SOLOK TEMBAGA 3
|
RM 1,050,000
|
RM 600.00
|
1,750 sqft
|
Oct 2022
|
2 - 2 1/2 Storey Terraced |
CHANGKAT TEMBAGA
|
RM 950,000
|
RM 706.00
|
1,345 sqft
|
Oct 2022
|
2 - 2 1/2 Storey Terraced |
LORONG TEMBAGA
|
RM 1,100,000
|
RM 735.00
|
1,496 sqft
|
Sep 2022
|
2 - 2 1/2 Storey Terraced |
CHANGKAT TEMBAGA
|
RM 1,200,000
|
RM 899.00
|
1,335 sqft
|
Aug 2022
|
2 - 2 1/2 Storey Semi-Detached |
LEBUHRAYA TEMBAGA
|
RM 2,360,000
|
RM 537.00
|
4,391 sqft
|
Jul 2022
|
2 - 2 1/2 Storey Terraced |
JALAN BESI
|
RM 960,000
|
RM 534.00
|
1,797 sqft
|
Jul 2022
|
2 - 2 1/2 Storey Terraced |
JLN TEMBAGA
|
RM 1,000,000
|
RM 645.00
|
1,550 sqft
|
Jun 2022
|
2 - 2 1/2 Storey Semi-Detached |
TINGKAT TEMBAGA
|
RM 2,250,000
|
RM 805.00
|
2,794 sqft
|
Jun 2022
|
2 - 2 1/2 Storey Semi-Detached |
JALAN TEMBAGA
|
RM 2,250,000
|
RM 386.00
|
5,831 sqft
|
Jun 2022
|
2 - 2 1/2 Storey Terraced |
LINTANG MAS
|
RM 1,150,000
|
RM 671.00
|
1,714 sqft
|
Apr 2022
|
2 - 2 1/2 Storey Terraced |
LENGKOK TEMBAGA
|
RM 930,000
|
RM 656.00
|
1,417 sqft
|
Mar 2022
|
2 - 2 1/2 Storey Terraced |
SOLOK TEMBAGA 2
|
RM 1,200,000
|
RM 756.00
|
1,588 sqft
|
Feb 2022
|
2 - 2 1/2 Storey Terraced |
LEBUHRAYA BESI
|
RM 1,050,000
|
RM 636.00
|
1,651 sqft
|
Jan 2022
|
2 - 2 1/2 Storey Terraced |
LENGKOK TEMBAGA
|
RM 1,430,000
|
RM 737.00
|
1,941 sqft
|
Dec 2021
|
2 - 2 1/2 Storey Terraced |
CHANGKAT DELIMA 1
|
RM 990,000
|
RM 676.00
|
1,464 sqft
|
Dec 2021
|
2 - 2 1/2 Storey Terraced |
LINTANG BESI
|
RM 1,300,000
|
RM 750.00
|
1,733 sqft
|
Nov 2021
|
2 - 2 1/2 Storey Semi-Detached |
JLN BESI
|
RM 3,950,000
|
RM 1,023.00
|
3,860 sqft
|
Aug 2021
|