Area Intelligence

ISLAND GLADES 2/T JLN/LOR. DELIMA

7 properties
2022
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Median Price
RM 1,100,000
PSF: RM 762

Residential Market

Median Price

RM 1,100,000

IQR: RM 193
MAD: RM 78
RM 762 PSF 10.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ISLAND GLADES 2/T JLN/LOR. DELIMA in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 762.

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 1.10 million, with most transactions falling within a stable range of RM 878K to RM 1.32 million, and a typical market range of RM 914K to RM 1.29 million.

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

The median PSF stands at RM 762, with core pricing between RM 660 and RM 864. Market pricing typically extends from RM 665.75 to RM 858.25, reflecting moderate variation in unit pricing. With an IQR of RM 192.50 and MAD of RM 102, 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

7 properties grouped by size

1,400 sqft
3 units
RM 857,000
Single Storey Terraced LORONG DELIMA 14
1,410 sqft · RM 608.00 PSF
Oct 2022
RM 1,100,000
Double Storey Terraced LORONG DELIMA 11
1,389 sqft · RM 792.00 PSF
Jul 2022
RM 1,050,000
Double Storey Terraced LRG DELIMA 9
1,378 sqft · RM 762.00 PSF
Jun 2022
1,450 sqft
2 units
RM 1,200,000
Double Storey Terraced CANGKAT DELIMA 1
1,453 sqft · RM 826.00 PSF
Dec 2022
RM 850,000
Single Storey Terraced LORONG DELIMA 18
1,464 sqft · RM 581.00 PSF
Jul 2022
1,550 sqft
1 units Double Storey Terraced
RM 1,200,000
LORONG DELIMA 20
1,539 sqft · RM 780.00 PSF
Oct 2022
2,700 sqft
1 units Double Storey Terraced
RM 1,550,000
LRG DELIMA 9
2,691 sqft · RM 576.00 PSF
Jul 2022