Island Park
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lengkok Tembaga
|
RM 1,430,000
|
RM 1,038
|
1,378 sqft
|
|
|
Changkat Delima 1
|
RM 990,000
|
RM 671
|
1,475 sqft
|
|
|
Lintang Besi
|
RM 1,300,000
|
RM 784
|
1,658 sqft
|
|
|
Jalan Besi
|
RM 3,950,000
|
RM 1,023
|
3,860 sqft
|
|
|
Jalan Masjid Negeri
|
RM 3,100,000
|
RM 761
|
4,072 sqft
|
|
Promote your property to visitors of this page
Market Snapshot
ResidentialRM 1,430,000
RM 784 psfMedian transaction price
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
MapsIsland Park in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 1.43 million and a median price per square foot (PSF) of RM 784.
This area contains both residential and commercial properties. View 55 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 1.43 million, with most transactions falling within a stable range of RM 990K to RM 2.59 million, and a typical market range of RM 990K to RM 1.99 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 784, with core pricing between RM 636 and RM 932. Market pricing typically extends from RM 697.00 to RM 871.50, reflecting moderate variation in unit pricing. The spread of RM 174.50 (IQR) and deviation of RM 148 (MAD) suggest moderate price variations reflecting different property features.
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.