I-Park

Southwest District, Penang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM300,000
PSF
RM450
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
RM365,000
Level 11
667 sqft · RM547 PSF
RM285,000
Level 17
667 sqft · RM427 PSF
Legend Recent Highest Price Highest PSF

Selling in I-Park? Homes here sold for a median of RM300,000.

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Market Snapshot

Residential

RM300,000

RM450 psf

Median transaction price

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Southwest District, Penang, Malaysia

Maps

I-Park in Barat Daya, Penang recorded 8 subsale transactions between 2021 and 2026, with a median price of RM300K and a median price per square foot (PSF) of RM450.

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 RM300K, with most transactions falling within a stable range of RM270K to RM334K, and a typical market range of RM275K to RM325K.

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

The median PSF stands at RM450, with core pricing between RM399 and RM500. Market pricing typically extends from RM412.27 to RM487.27, reflecting moderate variation in unit pricing. With an IQR of RM75.00 and MAD of RM51, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.