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Penang, Timur Laut, Georgetown

ISLAND PARK

Area Intelligence
2024
Median Price
RM 1,812,500
PSF: RM 689
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Residential PSF Trends

Median Price

RM 1,800,000

PSF: RM 695

ISLAND 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 689.

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 1.81 million, with most transactions falling within a stable range of RM 1.51 million to RM 1.83 million, and a typical market range of RM 1.25 million to RM 1.83 million.

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

The median PSF stands at RM 689, with core pricing between RM 594 and RM 783. Market pricing typically extends from RM 603.25 to RM 773.75, reflecting moderate variation in unit pricing. With an IQR of RM 170.50 and MAD of RM 94, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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ISLAND PARK, Timur Laut, Penang

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Transactions

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
3,100 sqft
Double Storey Semi-D
RM 2,430,000
PERSIARAN BESI
3,100 sqft · RM 784 PSF
4,000 sqft
Double Storey Semi-D
RM 3,910,000
JALAN MASJID NEGERI
3,978 sqft · RM 983 PSF
RM 3,800,000
JALAN MASJID NEGERI
4,018 sqft · RM 946 PSF
4,150 sqft
Double Storey Shop
RM 2,800,000
JALAN MAS
4,126 sqft · RM 679 PSF
7,000 sqft
Double Storey Semi-D
RM 3,350,000
MEDAN TEMBAGA
7,025 sqft · RM 477 PSF

No Properties For Sale

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

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