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 grouped by size

1,350 sqft
2 units
RM 1,280,000
Double Storey Terraced LRG DELIMA 20
1,367 sqft · RM 936.00 PSF
Jul 2023
RM 750,000
Single Storey Terraced LORONG DELIMA 18
1,367 sqft · RM 549.00 PSF
Jan 2023
1,400 sqft
10 units (showing 6)
RM 1,000,000
Double Storey Terraced LORONG DELIMA 11
1,399 sqft · RM 715.00 PSF
Aug 2024
RM 850,000
Double Storey Terraced LRG DELIMA 12
1,378 sqft · RM 617.00 PSF
Aug 2024
RM 865,000
Double Storey Terraced LRG DELIMA 12
1,378 sqft · RM 628.00 PSF
Aug 2024
RM 870,000
Double Storey Terraced LRG DELIMA 10
1,389 sqft · RM 627.00 PSF
May 2024
RM 695,000
Single Storey Terraced LRG DELIMA 18
1,410 sqft · RM 493.00 PSF
Mar 2024
RM 1,180,000
Double Storey Terraced MEDAN TEMBAGA
1,421 sqft · RM 830.00 PSF
Feb 2024