Area Intelligence

ISLAND GLADES

12 properties
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Median Price
RM 867,500
PSF: RM 628

Residential Market

Median Price

RM 867,500

IQR: RM 125
MAD: RM 78
RM 628 PSF 2.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,250,000

IQR: RM 732
MAD: RM 346
RM 1,028 PSF 3.8%

PSF Trends (2021-2025)

ISLAND GLADES in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 868K and a median price per square foot (PSF) of RM 628.

This area contains both residential and commercial properties. View 23 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 868K, with most transactions falling within a stable range of RM 695K to RM 1.05 million, and a typical market range of RM 695K to RM 1.12 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 628, though individual units vary from RM 498 to RM 757 in the core range. The broader market spans RM 538.75 to RM 716.25, indicating diverse property characteristics. The spread of RM 177.50 (IQR) and deviation of RM 129 (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.

Area Location

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ISLAND GLADES, Timur Laut, Penang

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Transactions

12 properties found

Double Storey Terraced LORONG DELIMA 11
RM 1,000,000
1,399 sqft Aug 2024
RM 715.00 PSF
Double Storey Terraced LRG DELIMA 12
RM 850,000
1,378 sqft Aug 2024
RM 617.00 PSF
Double Storey Terraced LRG DELIMA 12
RM 865,000
1,378 sqft Aug 2024
RM 628.00 PSF
Double Storey Terraced LRG DELIMA 10
RM 870,000
1,389 sqft May 2024
RM 627.00 PSF
Single Storey Terraced LRG DELIMA 18
RM 695,000
1,410 sqft Mar 2024
RM 493.00 PSF
Double Storey Terraced MEDAN TEMBAGA
RM 1,180,000
1,421 sqft Feb 2024
RM 830.00 PSF
Double Storey Terraced LORONG DELIMA 11
RM 1,180,000
1,378 sqft Feb 2024
RM 856.00 PSF
Single Storey Terraced LORONG DELIMA 18
RM 830,000
1,410 sqft Jul 2023
RM 589.00 PSF
Double Storey Terraced LRG DELIMA 20
RM 1,280,000
1,367 sqft Jul 2023
RM 936.00 PSF
Double Storey Terraced LORONG DELIMA 9
RM 904,000
1,378 sqft Apr 2023
RM 656.00 PSF
Single Storey Terraced LORONG DELIMA 18
RM 750,000
1,367 sqft Jan 2023
RM 549.00 PSF
Single Storey Terraced LRG DELIMA 18
RM 808,000
1,399 sqft Dec 2021
RM 577.00 PSF