Island Glades 2/Tsd/ Ssb in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM3.80 million and a median price per square foot (PSF) of RM705.

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 RM3.80 million, with most transactions falling within a stable range of RM3.70 million to RM3.90 million, and a typical market range of RM3.70 million to RM3.90 million.

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

The median PSF stands at RM705, with core pricing between RM623 and RM787. Market pricing typically extends from RM570.07 to RM839.07, reflecting moderate variation in unit pricing. With an IQR of RM269.00 and MAD of RM82, 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.