Island Glades 2/Tsd/ Ssb in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM1.88 million and a median price per square foot (PSF) of RM397.

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 RM1.88 million, with most transactions falling within a stable range of RM1.85 million to RM1.90 million, and a typical market range of RM1.85 million to RM1.90 million.

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

For price per square foot, the median is RM397, with most transactions between RM368 and RM425. The usual range is RM262.08 to RM531.08, showing that most units are priced quite close to each other. With an IQR of RM269.00 and MAD of RM29, the PSF demonstrates reasonable consistency across the market.

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.