ISLAND PARK

Area Intelligence
2022
Median Price
RM 1,050,000
PSF: RM 664

Residential PSF Trends

Median Price

RM 1,050,000

PSF: RM 664

ISLAND PARK in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 664.

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 1.05 million, with most transactions falling within a stable range of RM 954K to RM 1.15 million, and a typical market range of RM 930K to RM 1.20 million.

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

The median PSF stands at RM 664, with core pricing between RM 569 and RM 758. Market pricing typically extends from RM 578.25 to RM 748.75, 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. 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

10 transactions grouped by size

1,350 sqft
Double Storey Terraced
RM 950,000
CHANGKAT TEMBAGA
1,345 sqft · RM 706 PSF
RM 1,200,000
CHANGKAT TEMBAGA
1,335 sqft · RM 899 PSF
1,400 sqft
Double Storey Terraced
RM 930,000
LENGKOK TEMBAGA
1,417 sqft · RM 656 PSF
1,500 sqft
Double Storey Terraced
RM 1,100,000
LORONG TEMBAGA
1,496 sqft · RM 735 PSF
1,550 sqft
Double Storey Terraced
RM 1,000,000
JALAN TEMBAGA
1,550 sqft · RM 645 PSF
1,600 sqft
Double Storey Terraced
RM 1,200,000
SOLOK TEMBAGA 2
1,588 sqft · RM 756 PSF
1,650 sqft
Double Storey Terraced
RM 1,050,000
LEBUHRAYA BESI
1,651 sqft · RM 636 PSF
1,700 sqft
Double Storey Terraced
RM 1,150,000
LINTANG MAS
1,714 sqft · RM 671 PSF
1,750 sqft
Double Storey Terraced
RM 1,050,000
SOLOK TEMBAGA 3
1,750 sqft · RM 600 PSF
1,800 sqft
Double Storey Terraced
RM 960,000
JALAN BESI
1,797 sqft · RM 534 PSF

No Properties For Sale

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

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