Area Intelligence

ISLAND GLADES 2/T JLN/LOR. DELIMA

3 properties
2021
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Median Price
RM 880,000
PSF: RM 575

Residential Market

Median Price

RM 880,000

IQR: RM 193
MAD: RM 78
RM 575 PSF 10.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ISLAND GLADES 2/T JLN/LOR. DELIMA in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM 880K and a median price per square foot (PSF) of RM 575.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 880K, with most transactions falling within a stable range of RM 851K to RM 909K, and a typical market range of RM 850K to RM 920K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 575, with most transactions between RM 532 and RM 618. The usual range is RM 478.75 to RM 671.25, showing that most units are priced quite close to each other. With an IQR of RM 192.50 and MAD of RM 43, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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ISLAND GLADES 2/T JLN/LOR. DELIMA, Timur Laut, Penang

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Transactions

3 properties grouped by size

1,400 sqft
1 units Double Storey Terraced
RM 920,000
LORONG DELIMA 10
1,399 sqft · RM 657.00 PSF
Nov 2021
1,500 sqft
1 units Double Storey Terraced
RM 850,000
LORONG DELIMA 1
1,479 sqft · RM 575.00 PSF
Nov 2021
1,550 sqft
1 units Double Storey Terraced
RM 880,000
LORONG DELIMA 1
1,571 sqft · RM 560.00 PSF
Nov 2021