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
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Tingkat Besi
|
RM 1,140,000
|
RM 688
|
1,658 sqft
|
|
2-Sty Terrace |
|
Jalan Masjid Negeri
|
RM 3,910,000
|
RM 983
|
3,978 sqft
|
|
Semi-D |
|
Jalan Masjid Negeri
|
RM 3,800,000
|
RM 946
|
4,018 sqft
|
|
Semi-D |
|
Tingkat Besi
|
RM 1,150,000
|
RM 685
|
1,679 sqft
|
|
2-Sty Terrace |
|
Jalan Tembaga
|
RM 1,050,000
|
RM 650
|
1,615 sqft
|
|
2-Sty Terrace |
|
Medan Tembaga
|
RM 3,350,000
|
RM 477
|
7,025 sqft
|
|
Semi-D |
|
Jalan Besi
|
RM 1,825,000
|
RM 559
|
3,266 sqft
|
|
Semi-D |
|
Medan Tembaga
|
RM 1,460,000
|
RM 955
|
1,528 sqft
|
|
2-Sty Terrace |
|
Pesiaran Besi
|
RM 1,800,000
|
RM 590
|
3,049 sqft
|
|
Semi-D |
|
Persiaran Besi
|
RM 2,430,000
|
RM 784
|
3,100 sqft
|
|
Semi-D |
|
Solok Tembaga
|
RM 1,180,000
|
RM 856
|
1,378 sqft
|
|
2-Sty Terrace |
|
Jalan Mas
|
RM 2,800,000
|
RM 1,369
|
2,045 sqft
|
|
2-Sty Shop |
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Market Snapshot
ResidentialRM 1,800,000
RM 688 psfMedian transaction price
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
MapsIsland Park in Timur Laut, Penang recorded 12 subsale transactions in 2024, with a median price of RM 1.81 million and a median price per square foot (PSF) of RM 736.
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 1.81 million, with most transactions falling within a stable range of RM 1.05 million to RM 2.84 million, and a typical market range of RM 1.25 million to RM 2.37 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 736, though individual units vary from RM 501 to RM 970 in the core range. The broader market spans RM 648.56 to RM 823.06, indicating diverse property characteristics. A wider spread (IQR: RM 174.50) and deviation (MAD: RM 235) 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.