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.

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

For price per square foot, the median is RM 644, with most transactions between RM 630 and RM 659. The usual range is RM 558.75 to RM 729.25, showing that most units are priced quite close to each other. With an IQR of RM 170.50 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

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

13 transactions grouped by size

1,450 sqft
Double Storey Terraced
RM 1,030,000
JALAN TEMBAGA
1,432 sqft · RM 719 PSF
1,600 sqft
Double Storey Terraced
RM 1,200,000
SOLOK TEMBAGA SATU
1,599 sqft · RM 750 PSF
RM 1,035,000
TKT BESI 2
1,607 sqft · RM 644 PSF
1,650 sqft
Double Storey Terraced
RM 1,200,000
TINGKAT BESI
1,649 sqft · RM 728 PSF
1,700 sqft
Double Storey Terraced
RM 1,300,000
SOLOK GANGSA SATU
1,711 sqft · RM 760 PSF
1,800 sqft
Double Storey Terraced
RM 1,150,000
SOLOK TEMBAGA 3
1,786 sqft · RM 644 PSF
1,900 sqft
Double Storey Terraced
RM 1,280,000
LORONG TEMBAGA
1,916 sqft · RM 668 PSF
2,250 sqft
Double Storey Terraced
RM 1,320,000
MEDAN TEMBAGA T S 5
2,250 sqft · RM 587 PSF
3,000 sqft
Double Storey Semi-D
RM 1,700,000
LEBUHRAYA MAS
3,006 sqft · RM 566 PSF
3,100 sqft
Double Storey Terraced
RM 1,600,000
SOLOK TEMBAGA 2
3,083 sqft · RM 519 PSF
3,200 sqft
Double Storey Semi-D
RM 1,800,000
MEDAN TEMBAGA
3,208 sqft · RM 561 PSF
3,350 sqft
Double Storey Semi-D
RM 1,800,000
PERSIARAN BESI
3,345 sqft · RM 538 PSF
3,700 sqft
Double Storey Semi-D
RM 1,820,000
SOLOK BESI
3,703 sqft · RM 492 PSF

No Properties For Sale

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

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