Area Intelligence

ISLAND GLADES 2/TSD/ SSB

5 properties
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Median Price
RM 3,300,000
PSF: RM 623

Residential Market

Median Price

RM 3,300,000

IQR: RM 269
MAD: RM 164
RM 623 PSF 32.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ISLAND GLADES 2/TSD/ SSB in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 3.30 million and a median price per square foot (PSF) of RM 623.

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 3.30 million, with most transactions falling within a stable range of RM 2.70 million to RM 3.90 million, and a typical market range of RM 2.40 million to RM 3.90 million.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 623, though individual units vary from RM 459 to RM 787 in the core range. The broader market spans RM 488.50 to RM 757.50, indicating diverse property characteristics. A wider spread (IQR: RM 269.00) and deviation (MAD: RM 164) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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ISLAND GLADES 2/TSD/ SSB, Timur Laut, Penang

OSM

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Transactions

5 properties grouped by size

4,350 sqft
1 units Double Storey Semi-D
RM 1,850,000
LORONG DELIMA 7
4,349 sqft · RM 425.00 PSF
Mar 2022
4,700 sqft
1 units Detached
RM 3,700,000
JLN MASJID NEGERI
4,704 sqft · RM 787.00 PSF
Jan 2023
4,750 sqft
1 units Detached
RM 3,300,000
JALAN MASJID NEGERI
4,758 sqft · RM 694.00 PSF
Mar 2024
5,150 sqft
1 units Detached
RM 1,900,000
JALAN DELIMA
5,167 sqft · RM 368.00 PSF
Aug 2022
6,250 sqft
1 units Detached
RM 3,900,000
JALAN MASJID NEGERI
6,265 sqft · RM 623.00 PSF
Mar 2023