Island Glades

Taman Island Glades, Jelutong, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM1,180,000

RM628 psf

Median transaction price

Low

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Taman Island Glades, Jelutong, Pulau Pinang, Malaysia

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Island Glades in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2026, sized between 1,425 and 1,474 sqft, with a median price of RM1.12 million and a median price per square foot (PSF) of RM632.

This area contains both residential and commercial properties. View 25 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 RM1.12 million, with most transactions falling within a stable range of RM861K to RM1.38 million, and a typical market range of RM866K to RM1.37 million.

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

The median PSF stands at RM632, with core pricing between RM549 and RM715. Market pricing typically extends from RM517.50 to RM745.50, reflecting moderate variation in unit pricing. With an IQR of RM228.00 and MAD of RM83, 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.