ISLAND PARK

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.