Island Glades 2/T Ltg Delima 1, 4-11

4, Lorong Delima 1, Taman Island Glades, 11600 George Town, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM1,080,000
PSF
RM721
Price Size
Period
transactions middle 50% (P25–P75)
1,250 sqft
2-Sty Terrace
RM900,000
Lorong Delima 10
1,249 sqft · RM721 PSF
1,600 sqft
2-Sty Terrace
RM1,080,000
Lintang Delima 11
1,604 sqft · RM673 PSF
1,700 sqft
2-Sty Terrace
RM1,750,000
Lintang Delima 7
1,679 sqft · RM1,042 PSF
Legend Recent Highest Price Highest PSF

Selling in Island Glades 2/T Ltg Delima 1, 4-11? Homes here sold for a median of RM1,080,000.

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Market Snapshot

Residential

RM1,080,000

RM721 psf

Median transaction price

Island Glades 2/T Ltg Delima 1, 4-11
© OpenStreetMap · CARTO

4, Lorong Delima 1, Taman Island Glades, 11600 George Town, Pulau Pinang, Malaysia

Maps

Island Glades 2/T Ltg Delima 1, 4-11 in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM1.08 million and a median price per square foot (PSF) of RM721.

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 RM1.08 million, with most transactions falling within a stable range of RM900K to RM1.45 million, and a typical market range of RM900K to RM1.33 million.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM721, though individual units vary from RM557 to RM885 in the core range. The broader market spans RM671.05 to RM770.55, indicating diverse property characteristics. The spread of RM99.50 (IQR) and deviation of RM164 (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.