Area Intelligence

ISLAND GLADES

13 properties
Double Storey Terraced
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Median Price
RM 1,060,000
PSF: RM 656

Residential Market

Median Price

RM 1,060,000

IQR: RM 125
MAD: RM 78
RM 656 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 13 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 1.06 million and a median price per square foot (PSF) of RM 656.

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 1.06 million, with most transactions falling within a stable range of RM 890K to RM 1.23 million, and a typical market range of RM 850K to RM 1.31 million.

Within the Double 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 656, with core pricing between RM 537 and RM 775. Market pricing typically extends from RM 567.25 to RM 744.75, reflecting moderate variation in unit pricing. The spread of RM 177.50 (IQR) and deviation of RM 119 (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

13 properties grouped by size

1,350 sqft
1 units Double Storey Terraced
RM 1,280,000
LRG DELIMA 20
1,367 sqft · RM 936.00 PSF
Jul 2023
1,400 sqft
7 units Double Storey Terraced
RM 1,000,000
LORONG DELIMA 11
1,399 sqft · RM 715.00 PSF
Aug 2024
RM 850,000
LRG DELIMA 12
1,378 sqft · RM 617.00 PSF
Aug 2024
RM 865,000
LRG DELIMA 12
1,378 sqft · RM 628.00 PSF
Aug 2024
RM 870,000
LRG DELIMA 10
1,389 sqft · RM 627.00 PSF
May 2024
RM 1,180,000
MEDAN TEMBAGA
1,421 sqft · RM 830.00 PSF
Feb 2024
RM 1,180,000
LORONG DELIMA 11
1,378 sqft · RM 856.00 PSF
Feb 2024
RM 904,000
LORONG DELIMA 9
1,378 sqft · RM 656.00 PSF
Apr 2023
1,450 sqft
2 units Double Storey Terraced
RM 1,250,000
JLN DELIMA
1,453 sqft · RM 860.00 PSF
Oct 2023
RM 945,000
CHANGKAT DELIMA 1
1,464 sqft · RM 646.00 PSF
Mar 2022
1,550 sqft
1 units Double Storey Terraced
RM 1,350,000
LRG DELIMA 1
1,566 sqft · RM 862.00 PSF
Apr 2024
1,700 sqft
1 units Double Storey Terraced
RM 1,060,000
LINTANG DELIMA 15
1,679 sqft · RM 631.00 PSF
Mar 2022
2,100 sqft
1 units Double Storey Terraced
RM 1,200,000
JALAN DELIMA
2,099 sqft · RM 572.00 PSF
Mar 2022