ISLAND PARK

Area Intelligence
Median Price
RM 1,460,000
PSF: RM 682

Residential PSF Trends

Median Price

RM 1,460,000

PSF: RM 682

ISLAND PARK in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 1.46 million and a median price per square foot (PSF) of RM 682.

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 1.46 million, with most transactions falling within a stable range of RM 1.32 million to RM 1.87 million, and a typical market range of RM 1.32 million to RM 2.03 million.

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

The median PSF stands at RM 682, with core pricing between RM 593 and RM 771. Market pricing typically extends from RM 596.75 to RM 767.25, reflecting moderate variation in unit pricing. With an IQR of RM 170.50 and MAD of RM 89, 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

3 transactions grouped by size

2,150 sqft
Double Storey Terraced
RM 1,460,000
MEDAN TEMBAGA
2,142 sqft · RM 682 PSF
2,250 sqft
Double Storey Terraced
RM 1,320,000
MEDAN TEMBAGA T S 5
2,250 sqft · RM 587 PSF
2,800 sqft
Double Storey Semi-D
RM 2,250,000
TINGKAT TEMBAGA
2,794 sqft · RM 805 PSF

No Properties For Sale

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

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