ISLAND GLADES

ISLAND GLADES in Timur Laut, Penang recorded 7 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 830K and a median price per square foot (PSF) of RM 549.

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 830K, with most transactions falling within a stable range of RM 695K to RM 1.23 million, and a typical market range of RM 695K to RM 1.08 million.

Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 549, with core pricing between RM 464 and RM 634. Market pricing typically extends from RM 460.25 to RM 637.75, reflecting moderate variation in unit pricing. The spread of RM 177.50 (IQR) and deviation of RM 85 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.