ISLAND PARK

Area Intelligence

2022

Median Price

RM 1,150,000

PSF: RM 645

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Residential PSF Trends

Median Price

RM 1,150,000

PSF: RM 645

ISLAND PARK in Timur Laut, Penang recorded 15 subsale transactions in 2022, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 645.

This area contains both residential and commercial properties. View 54 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 1.15 million, with most transactions falling within a stable range of RM 930K to RM 1.72 million, and a typical market range of RM 930K to RM 1.72 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 645, with core pricing between RM 517 and RM 773. Market pricing typically extends from RM 559.75 to RM 730.25, reflecting moderate variation in unit pricing. The spread of RM 170.50 (IQR) and deviation of RM 128 (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.

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ISLAND PARK, Timur Laut, Penang

OSM

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Transactions

15 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 2,330,000

JALAN TEMBAGA

5,108 sqft • RM 456.00 PSF

Nov 2022

RM 2,100,000

JALAN BESI

3,494 sqft • RM 601.00 PSF

Oct 2022

RM 950,000

CHANGKAT TEMBAGA

1,345 sqft • RM 706.00 PSF

Oct 2022

RM 1,050,000

SOLOK TEMBAGA 3

1,750 sqft • RM 600.00 PSF

Oct 2022

RM 1,100,000

LORONG TEMBAGA

1,496 sqft • RM 735.00 PSF

Sep 2022

RM 1,200,000

CHANGKAT TEMBAGA

1,335 sqft • RM 899.00 PSF

Aug 2022

RM 2,360,000

LEBUHRAYA TEMBAGA

4,391 sqft • RM 537.00 PSF

Jul 2022

RM 960,000

JALAN BESI

1,797 sqft • RM 534.00 PSF

Jul 2022

RM 2,250,000

JALAN TEMBAGA

5,831 sqft • RM 386.00 PSF

Jun 2022

RM 2,250,000

TINGKAT TEMBAGA

2,794 sqft • RM 805.00 PSF

Jun 2022

RM 1,000,000

JALAN TEMBAGA

1,550 sqft • RM 645.00 PSF

Jun 2022

RM 1,150,000

LINTANG MAS

1,714 sqft • RM 671.00 PSF

Apr 2022

RM 930,000

LENGKOK TEMBAGA

1,417 sqft • RM 656.00 PSF

Mar 2022

RM 1,200,000

SOLOK TEMBAGA 2

1,588 sqft • RM 756.00 PSF

Feb 2022

RM 1,050,000

LEBUHRAYA BESI

1,651 sqft • RM 636.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
JALAN TEMBAGA	RM 2,330,000	RM 456.00	5,108 sqft	Nov 2022	Double Storey Semi-D
JALAN BESI	RM 2,100,000	RM 601.00	3,494 sqft	Oct 2022	Double Storey Semi-D
CHANGKAT TEMBAGA	RM 950,000	RM 706.00	1,345 sqft	Oct 2022	Double Storey Terraced
SOLOK TEMBAGA 3	RM 1,050,000	RM 600.00	1,750 sqft	Oct 2022	Double Storey Terraced
LORONG TEMBAGA	RM 1,100,000	RM 735.00	1,496 sqft	Sep 2022	Double Storey Terraced
CHANGKAT TEMBAGA	RM 1,200,000	RM 899.00	1,335 sqft	Aug 2022	Double Storey Terraced
LEBUHRAYA TEMBAGA	RM 2,360,000	RM 537.00	4,391 sqft	Jul 2022	Double Storey Semi-D
JALAN BESI	RM 960,000	RM 534.00	1,797 sqft	Jul 2022	Double Storey Terraced
JALAN TEMBAGA	RM 2,250,000	RM 386.00	5,831 sqft	Jun 2022	Double Storey Semi-D
TINGKAT TEMBAGA	RM 2,250,000	RM 805.00	2,794 sqft	Jun 2022	Double Storey Semi-D
JALAN TEMBAGA	RM 1,000,000	RM 645.00	1,550 sqft	Jun 2022	Double Storey Terraced
LINTANG MAS	RM 1,150,000	RM 671.00	1,714 sqft	Apr 2022	Double Storey Terraced
LENGKOK TEMBAGA	RM 930,000	RM 656.00	1,417 sqft	Mar 2022	Double Storey Terraced
SOLOK TEMBAGA 2	RM 1,200,000	RM 756.00	1,588 sqft	Feb 2022	Double Storey Terraced
LEBUHRAYA BESI	RM 1,050,000	RM 636.00	1,651 sqft	Jan 2022	Double Storey Terraced