I-Park

Southwest District, Penang, Malaysia

Property Transactions

25 subsales grouped by size

Median
RM260,000
PSF
RM390
Price Size
Period
transactions middle 50% (P25–P75)
650 sqft
LC Flat
RM360,000
Level 1
667 sqft · RM539 PSF
RM270,000
Level 18
667 sqft · RM405 PSF
RM300,000
Level 8
667 sqft · RM450 PSF
RM300,000
Level 16
667 sqft · RM450 PSF
RM300,000
Level 16
667 sqft · RM450 PSF
RM275,000
Level 2
667 sqft · RM412 PSF
+18 more
700 sqft
Shop
RM285,000
Level 1
700 sqft · RM407 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM260,000

RM390 psf

Median transaction price

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Southwest District, Penang, Malaysia

Maps

I-Park in Barat Daya, Penang recorded 25 subsale transactions between 2021 and 2026, with a median price of RM260K and a median price per square foot (PSF) of RM390.

This area contains both residential and commercial properties. View 67 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 RM260K, with most transactions falling within a stable range of RM219K to RM301K, and a typical market range of RM235K to RM285K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM390, with core pricing between RM328 and RM451. Market pricing typically extends from RM352.09 to RM427.09, reflecting moderate variation in unit pricing. The spread of RM75.00 (IQR) and deviation of RM61 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.