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
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Solok Tembaga Satu
|
RM 1,200,000
|
RM 1,032
|
1,163 sqft
|
|
2-Sty Terrace |
|
Jalan Tembaga
|
RM 2,800,000
|
RM 565
|
4,955 sqft
|
|
Semi-D |
|
Tingkat Besi
|
RM 1,200,000
|
RM 715
|
1,679 sqft
|
|
2-Sty Terrace |
|
Tingkat Besi
|
RM 995,000
|
RM 585
|
1,701 sqft
|
|
2-Sty Terrace |
|
Medan Tembaga T S 5
|
RM 1,320,000
|
RM 802
|
1,647 sqft
|
|
2-Sty Terrace |
|
Tkt Besi 2
|
RM 1,035,000
|
RM 672
|
1,539 sqft
|
|
2-Sty Terrace |
|
Medan Tembaga
|
RM 1,800,000
|
RM 561
|
3,208 sqft
|
|
Semi-D |
|
Jalan Tembaga
|
RM 1,030,000
|
RM 570
|
1,808 sqft
|
|
2-Sty Terrace |
|
Solok Tembaga 2
|
RM 1,600,000
|
RM 1,126
|
1,421 sqft
|
|
2-Sty Terrace |
|
Jalan Masjid Negeri
|
RM 3,600,000
|
RM 901
|
3,994 sqft
|
|
Semi-D |
|
Solok Gangsa Satu
|
RM 1,300,000
|
RM 510
|
2,551 sqft
|
|
2-Sty Terrace |
|
Lebuhraya Mas
|
RM 1,700,000
|
RM 566
|
3,006 sqft
|
|
Semi-D |
|
Jalan Mesjid Negeri
|
RM 2,600,000
|
RM 578
|
4,496 sqft
|
|
Semi-D |
|
Persiaran Besi
|
RM 1,800,000
|
RM 538
|
3,345 sqft
|
|
Semi-D |
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Market Snapshot
ResidentialRM 1,320,000
RM 578 psfMedian transaction price
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
MapsIsland 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 578.
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 1.32 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 1.88 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 578, though individual units vary from RM 380 to RM 777 in the core range. The broader market spans RM 491.06 to RM 665.56, indicating diverse property characteristics. A wider spread (IQR: RM 174.50) and deviation (MAD: RM 199) indicate significant PSF variations, likely due to diverse property types or conditions.
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.