Island Park
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lengkok Tembaga
|
RM 880,000
|
RM 597
|
1,475 sqft
|
|
|
Tkt Besi
|
RM 1,280,000
|
RM 843
|
1,518 sqft
|
|
|
Tkt Besi
|
RM 1,180,000
|
RM 761
|
1,550 sqft
|
|
|
Jalan Besi
|
RM 1,500,000
|
RM 450
|
3,335 sqft
|
|
|
Pesiaran Tembaga
|
RM 2,000,000
|
RM 511
|
3,917 sqft
|
|
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Market Snapshot
ResidentialRM 1,280,000
RM 597 psfMedian transaction price
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
MapsIsland Park in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 1.28 million and a median price per square foot (PSF) of RM 597.
This area contains both residential and commercial properties. View 55 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 1.28 million, with most transactions falling within a stable range of RM 906K to RM 1.65 million, and a typical market range of RM 880K to RM 1.84 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 597, though individual units vary from RM 448 to RM 745 in the core range. The broader market spans RM 509.50 to RM 684.00, indicating diverse property characteristics. The spread of RM 174.50 (IQR) and deviation of RM 149 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.