Island Park
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Jalan Tembaga
|
RM 2,330,000
|
RM 456
|
5,108 sqft
|
|
Semi-D |
|
Jalan Besi
|
RM 2,100,000
|
RM 601
|
3,494 sqft
|
|
Semi-D |
|
Changkat Tembaga
|
RM 950,000
|
RM 581
|
1,636 sqft
|
|
2-Sty Terrace |
|
Solok Tembaga 3
|
RM 1,050,000
|
RM 591
|
1,776 sqft
|
|
2-Sty Terrace |
|
Lorong Tembaga
|
RM 1,100,000
|
RM 831
|
1,324 sqft
|
|
2-Sty Terrace |
|
Changkat Tembaga
|
RM 1,200,000
|
RM 733
|
1,636 sqft
|
|
2-Sty Terrace |
|
Lebuhraya Tembaga
|
RM 2,360,000
|
RM 537
|
4,391 sqft
|
|
Semi-D |
|
Jalan Besi
|
RM 960,000
|
RM 656
|
1,464 sqft
|
|
2-Sty Terrace |
|
Jalan Tembaga
|
RM 2,250,000
|
RM 386
|
5,831 sqft
|
|
Semi-D |
|
Tingkat Tembaga
|
RM 2,250,000
|
RM 805
|
2,794 sqft
|
|
Semi-D |
|
Jalan Tembaga
|
RM 1,000,000
|
RM 619
|
1,615 sqft
|
|
2-Sty Terrace |
|
Lintang Mas
|
RM 1,150,000
|
RM 681
|
1,690 sqft
|
|
2-Sty Terrace |
|
Lengkok Tembaga
|
RM 930,000
|
RM 631
|
1,475 sqft
|
|
2-Sty Terrace |
|
Solok Tembaga 2
|
RM 1,200,000
|
RM 1,032
|
1,163 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 1,150,000
RM 631 psfMedian transaction price
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
MapsIsland 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 631.
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 1.15 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 1.71 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 631, though individual units vary from RM 479 to RM 782 in the core range. The broader market spans RM 543.40 to RM 717.90, indicating diverse property characteristics. The spread of RM 174.50 (IQR) and deviation of RM 151 (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.