Island Park

30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia

Property Transactions

56 subsales found

Period
transactions middle 50% (P25–P75)
RM1,050,000
Lebuhraya Besi
1,604 sqft RM655 PSF
RM1,430,000
Lengkok Tembaga
1,378 sqft RM1,038 PSF
RM990,000
Changkat Delima 1
1,475 sqft RM671 PSF
RM1,300,000
Lintang Besi
1,658 sqft RM784 PSF
RM3,950,000
Jalan Besi
3,860 sqft RM1,023 PSF
RM3,100,000
Jalan Masjid Negeri
4,072 sqft RM761 PSF
Legend Recent Highest Price Highest PSF

Selling in Island Park? Homes here sold for a median of RM1,310,000.

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Market Snapshot

Residential

RM1,300,000

RM668 psf

Median transaction price

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30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia

Maps

Island Park in Timur Laut, Penang recorded 56 subsale transactions between 2021 and 2026, with a median price of RM1.31 million and a median price per square foot (PSF) of RM671.

This area contains both residential and commercial properties. View 55 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.31 million, with most transactions falling within a stable range of RM993K to RM1.63 million, and a typical market range of RM880K to RM1.87 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM671, with core pricing between RM587 and RM756. Market pricing typically extends from RM584.09 to RM758.59, reflecting moderate variation in unit pricing. With an IQR of RM174.50 and MAD of RM85, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.