I-Park

Southwest District, Penang, Malaysia

Property Transactions

22 subsales found

Median
RM228,500
PSF
RM342
Price Size
Period
transactions middle 50% (P25–P75)
RM275,000
Level 4
667 sqft RM412 PSF
RM260,000
Level 7
667 sqft RM390 PSF
RM290,000
Level 16
667 sqft RM435 PSF
RM208,000
Level 10
667 sqft RM312 PSF
RM200,000
Level 14
667 sqft RM300 PSF
RM225,000
Level 3
667 sqft RM337 PSF
RM255,000
Level 9
667 sqft RM382 PSF
RM280,000
Level 15
667 sqft RM420 PSF
RM285,000
Level 17
667 sqft RM427 PSF
RM225,000
Level 16
667 sqft RM337 PSF
RM200,000
Level 11
667 sqft RM300 PSF
RM230,000
Level 6
667 sqft RM345 PSF
RM215,000
Level 17
667 sqft RM322 PSF
RM240,000
Level 18
667 sqft RM360 PSF
RM225,000
Level 2
667 sqft RM337 PSF
RM260,000
Level 13
667 sqft RM390 PSF
RM227,000
Level 7
667 sqft RM340 PSF
RM208,000
Level 14
667 sqft RM312 PSF
RM270,000
Level 12
667 sqft RM405 PSF
RM230,000
Level 17
667 sqft RM345 PSF
RM210,000
Level 5
667 sqft RM315 PSF
RM215,000
Level 5
667 sqft RM322 PSF
Legend Recent Highest Price Highest PSF

Selling in I-Park? Homes here sold for a median of RM228,500.

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Market Snapshot

Residential

RM228,500

RM342 psf

Median transaction price

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Southwest District, Penang, Malaysia

Maps

I-Park in Barat Daya, Penang recorded 22 subsale transactions in 2023, with a median price of RM229K and a median price per square foot (PSF) of RM342.

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 RM229K, with most transactions falling within a stable range of RM200K to RM257K, and a typical market range of RM204K to RM254K.

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

The median PSF stands at RM342, with core pricing between RM300 and RM385. Market pricing typically extends from RM304.89 to RM379.89, reflecting moderate variation in unit pricing. With an IQR of RM75.00 and MAD of RM42, 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. Moderate transaction volume may require patience when buying or selling.