ISLAND GLADES 2/T JLN/LOR. DELIMA
Residential Market
Median Price
RM 960,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
17 properties
Median Price
RM 1,167,500
+13.9% CAGR
Median PSF
RM 720.75
+15.6% CAGR
Single Storey Terraced
6 properties
Median Price
RM 853,500
+2.7% CAGR
Median PSF
RM 594.50
+4.8% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 17 |
RM 1,167,500
±83K MAD
|
+13.89% |
RM 720.75
±103 MAD
|
+15.59% | |
| Single Storey Terraced | 6 |
RM 853,500
±47K MAD
|
+2.69% |
RM 594.50
±59 MAD
|
+4.80% |
ISLAND GLADES 2/T JLN/LOR. DELIMA in Timur Laut, Penang recorded 9 subsale transactions in 2023, with a median price of RM 960K and a median price per square foot (PSF) of RM 633.
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 960K, with most transactions falling within a stable range of RM 730K to RM 1.31 million, and a typical market range of RM 774K to RM 1.15 million.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 633, though individual units vary from RM 494 to RM 772 in the core range. The broader market spans RM 536.75 to RM 729.25, indicating diverse property characteristics. The spread of RM 192.50 (IQR) and deviation of RM 139 (MAD) suggest moderate price variations reflecting different property features.
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. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
9 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN DELIMA
|
RM 990,000
|
RM 702.00
|
1,410 sqft
|
Dec 2023
|
Double Storey Terraced |
|
LORONG DELIMA 20
|
RM 1,350,000
|
RM 965.00
|
1,399 sqft
|
Sep 2023
|
Double Storey Terraced |
|
LORONG DELIMA 16
|
RM 730,000
|
RM 526.00
|
1,389 sqft
|
Aug 2023
|
Single Storey Terraced |
|
LORONG DELIMA 13
|
RM 835,000
|
RM 597.00
|
1,399 sqft
|
Jul 2023
|
Single Storey Terraced |
|
LRG DELIMA 9
|
RM 910,000
|
RM 655.00
|
1,389 sqft
|
Feb 2023
|
Double Storey Terraced |
|
JALAN DELIMA
|
RM 960,000
|
RM 633.00
|
1,518 sqft
|
Nov 2023
|
|
LRG DELIMA 17
|
RM 800,000
|
RM 499.00
|
1,604 sqft
|
Apr 2023
|
|
JLN DELIMA
|
RM 1,280,000
|
RM 668.00
|
1,916 sqft
|
Nov 2023
|
|
JLN DELIMA
|
RM 1,900,000
|
RM 469.00
|
4,047 sqft
|
Aug 2023
|