ISLAND GLADES

ISLAND GLADES in Timur Laut, Penang recorded 28 subsale transactions between 2021 and 2025, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 630.

This area contains both residential and commercial properties. View 23 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.05 million, with most transactions falling within a stable range of RM 820K to RM 1.27 million, and a typical market range of RM 794K to RM 1.30 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 630, with core pricing between RM 547 and RM 713. Market pricing typically extends from RM 540.75 to RM 718.25, reflecting moderate variation in unit pricing. With an IQR of RM 177.50 and MAD of RM 83, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.