ISLAND PARK

Area Intelligence
2023
Median Price
RM 1,320,000
PSF: RM 644

Residential PSF Trends

Median Price

RM 1,320,000

PSF: RM 644

ISLAND PARK in Timur Laut, Penang recorded 19 subsale transactions in 2023, with a median price of RM 1.32 million and a median price per square foot (PSF) of RM 644.

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 1.32 million, with most transactions falling within a stable range of RM 995K to RM 2.04 million, and a typical market range of RM 995K to RM 1.89 million.

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

The median PSF stands at RM 644, with core pricing between RM 524 and RM 764. Market pricing typically extends from RM 558.75 to RM 729.25, reflecting moderate variation in unit pricing. The spread of RM 170.50 (IQR) and deviation of RM 120 (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

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Transactions

19 transactions found

RM 1,200,000
SOLOK TEMBAGA SATU
1,599 sqft RM 750.00 PSF
RM 2,800,000
JALAN TEMBAGA
4,955 sqft RM 565.00 PSF
RM 1,200,000
TINGKAT BESI
1,649 sqft RM 728.00 PSF
RM 995,000
TINGKAT BESI
1,495 sqft RM 666.00 PSF
RM 1,320,000
MEDAN TEMBAGA T S 5
2,250 sqft RM 587.00 PSF
RM 1,035,000
TKT BESI 2
1,607 sqft RM 644.00 PSF
RM 1,800,000
MEDAN TEMBAGA
3,208 sqft RM 561.00 PSF
RM 1,030,000
JALAN TEMBAGA
1,432 sqft RM 719.00 PSF
RM 1,600,000
SOLOK TEMBAGA 2
3,083 sqft RM 519.00 PSF
RM 3,600,000
JALAN MASJID NEGERI
3,994 sqft RM 901.00 PSF
RM 1,300,000
SOLOK GANGSA SATU
1,711 sqft RM 760.00 PSF
RM 1,700,000
LEBUHRAYA MAS
3,006 sqft RM 566.00 PSF
RM 2,600,000
JALAN MESJID NEGERI
4,496 sqft RM 578.00 PSF
RM 1,800,000
PERSIARAN BESI
3,345 sqft RM 538.00 PSF
RM 2,650,000
MEDAN TEMBAGA
7,841 sqft RM 338.00 PSF
RM 1,150,000
SOLOK TEMBAGA 3
1,786 sqft RM 644.00 PSF
RM 995,000
JALAN TEMBAGA
1,432 sqft RM 695.00 PSF
RM 1,280,000
LORONG TEMBAGA
1,916 sqft RM 668.00 PSF
RM 1,820,000
SOLOK BESI
3,703 sqft RM 492.00 PSF

No Properties For Sale

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

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