Island Park

Penang, Timur Laut, Bandar Georgetown

Property Transactions

2 subsales grouped by size

Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM1,530,000
Solok Tembaga 2
1,604 sqft · RM954 PSF
3,300 sqft
Semi-D
RM1,680,000
Jalan Besi
3,325 sqft · RM505 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,605,000

RM729 psf

Median transaction price

Island Park
© OpenStreetMap · CARTO

Island Park, Timur Laut, Penang

Island Park in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM1.61 million and a median price per square foot (PSF) of RM954.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.61 million, with most transactions falling within a stable range of RM1.53 million to RM1.68 million, and a typical market range of RM1.57 million to RM1.64 million.

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

Price per square foot shows a median of RM954, though individual units vary from RM730 to RM1,178 in the core range. The broader market spans RM842.00 to RM1,066.00, indicating diverse property characteristics. The spread of RM224.00 (IQR) and deviation of RM224 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.