ISLAND PARK

Area Intelligence
2024
Median Price
RM 1,150,000
PSF: RM 695

Residential PSF Trends

Median Price

RM 1,150,000

PSF: RM 695

ISLAND PARK in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 695.

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 1.15 million, with most transactions falling within a stable range of RM 1.05 million to RM 1.29 million, and a typical market range of RM 1.05 million to RM 1.46 million.

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

The median PSF stands at RM 695, with core pricing between RM 619 and RM 771. Market pricing typically extends from RM 609.75 to RM 780.25, reflecting moderate variation in unit pricing. With an IQR of RM 170.50 and MAD of RM 76, 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

5 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

No Properties For Sale

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

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