ISLAND PARK

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

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.

Loading map...

ISLAND PARK, Timur Laut, Penang

OSM

Track location

Transactions

7 transactions grouped by size

1,350 sqft
Double Storey Terraced
RM 1,180,000
SOLOK TEMBAGA
1,345 sqft · RM 877 PSF
1,550 sqft
Double Storey Terraced
RM 1,050,000
JALAN TEMBAGA
1,550 sqft · RM 677 PSF
1,650 sqft
Double Storey Terraced
RM 1,140,000
TINGKAT BESI
1,640 sqft · RM 695 PSF
RM 1,150,000
TINGKAT BESI
1,649 sqft · RM 697 PSF
2,150 sqft
Double Storey Terraced
RM 1,460,000
MEDAN TEMBAGA
2,142 sqft · RM 682 PSF
3,050 sqft
Double Storey Semi-D
RM 1,800,000
PESIARAN BESI
3,049 sqft · RM 590 PSF
3,250 sqft
Double Storey Semi-D
RM 1,825,000
JALAN BESI
3,266 sqft · RM 559 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access