I-Park

Southwest District, Penang, Malaysia

Property Transactions

7 subsales found

Median
RM250,000
PSF
RM375
Price Size
Period
transactions middle 50% (P25–P75)
RM255,000
Level 1
667 sqft RM382 PSF
RM180,000
Level 3
667 sqft RM270 PSF
RM250,000
Level 5
667 sqft RM375 PSF
RM185,000
Level 7
667 sqft RM277 PSF
RM250,000
Level 16
667 sqft RM375 PSF
RM250,000
Level 11
667 sqft RM375 PSF
RM204,000
Level 6
667 sqft RM306 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM250,000

RM375 psf

Median transaction price

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Southwest District, Penang, Malaysia

Maps

I-Park in Barat Daya, Penang recorded 7 subsale transactions in 2022, with a median price of RM250K and a median price per square foot (PSF) of RM375.

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 RM250K, with most transactions falling within a stable range of RM219K to RM255K, and a typical market range of RM225K to RM255K.

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

The median PSF stands at RM375, with core pricing between RM328 and RM421. Market pricing typically extends from RM337.11 to RM412.11, reflecting moderate variation in unit pricing. With an IQR of RM75.00 and MAD of RM47, 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.