ISLAND GLADES
Residential Market
Median Price
RM 1,250,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 800,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
13 properties
Median Price
RM 1,060,000
-2.9% CAGR
Median PSF
RM 715.00
+6.4% CAGR
Single Storey Terraced
7 properties
Median Price
RM 884,000
+16.3% CAGR
Median PSF
RM 563.00
-9.2% CAGR
Double Storey Semi-D
3 properties
Median Price
RM 1,910,000
-15.5% CAGR
Median PSF
RM 543.00
-8.5% CAGR
Double Storey Shop
2 properties
Median Price
RM 1,800,000
+3.8% CAGR
Median PSF
RM 1,454.00
+3.8% CAGR
Shop/Retail Lot
2 properties
Median Price
RM 800,000
Median PSF
RM 682.00
Single Storey Semi-D
1 properties
Median Price
RM 1,030,000
Median PSF
RM 458.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 13 |
RM 1,060,000
±60K MAD
|
-2.87% |
RM 715.00
±84 MAD
|
+6.45% | |
| Single Storey Terraced | 7 |
RM 884,000
±65K MAD
|
+16.35% |
RM 563.00
±20 MAD
|
-9.23% | |
| Double Storey Semi-D | 3 |
RM 1,910,000
±160K MAD
|
-15.46% |
RM 543.00
±24 MAD
|
-8.47% | |
| Double Storey Shop | 2 |
RM 1,800,000
±100K MAD
|
+3.78% |
RM 1,454.00
±81 MAD
|
+3.79% | |
| Shop/Retail Lot | 2 |
RM 800,000
|
- |
RM 682.00
|
- | |
| Single Storey Semi-D | 1 |
RM 1,030,000
|
- |
RM 458.00
|
- |
ISLAND GLADES in Timur Laut, Penang recorded 10 subsale transactions in 2023, with a median price of RM 1.14 million and a median price per square foot (PSF) of RM 611.
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 1.14 million, with most transactions falling within a stable range of RM 750K to RM 1.61 million, and a typical market range of RM 889K to RM 1.39 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 611, though individual units vary from RM 450 to RM 771 in the core range. The broader market spans RM 521.75 to RM 699.25, indicating diverse property characteristics. A wider spread (IQR: RM 177.50) and deviation (MAD: RM 160) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
Filter by type, year, price, and size
Transactions
10 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 800,000
|
RM 682.00
|
1,173 sqft
|
Dec 2023
|
|
LRG DELIMA 20
|
RM 1,280,000
|
RM 936.00
|
1,367 sqft
|
Jul 2023
|
Double Storey Terraced |
|
LORONG DELIMA 18
|
RM 750,000
|
RM 549.00
|
1,367 sqft
|
Jan 2023
|
Single Storey Terraced |
|
LORONG DELIMA 18
|
RM 830,000
|
RM 589.00
|
1,410 sqft
|
Jul 2023
|
Single Storey Terraced |
|
LORONG DELIMA 9
|
RM 904,000
|
RM 656.00
|
1,378 sqft
|
Apr 2023
|
Double Storey Terraced |
|
JLN DELIMA
|
RM 1,250,000
|
RM 860.00
|
1,453 sqft
|
Oct 2023
|
|
CHANGKAT DELIMA 3
|
RM 1,030,000
|
RM 458.00
|
2,250 sqft
|
Oct 2023
|
|
JLN DELIMA
|
RM 2,000,000
|
RM 632.00
|
3,165 sqft
|
Sep 2023
|
|
LORONG DELIMA 17
|
RM 1,400,000
|
RM 399.00
|
3,509 sqft
|
Jun 2023
|
|
LORONG DELIMA 7
|
RM 2,140,000
|
RM 502.00
|
4,263 sqft
|
Mar 2023
|