Island Park

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

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM995,000
Jalan Tembaga
1,464 sqft RM680 PSF
RM960,000
Jalan Besi
1,464 sqft RM656 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM977,500

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 2 subsale transactions between 2021 and 2026, sized between 1,425 and 1,474 sqft, with a median price of RM978K and a median price per square foot (PSF) of RM668.

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 RM978K, with most transactions falling within a stable range of RM960K to RM995K, and a typical market range of RM960K to RM995K.

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

For price per square foot, the median is RM668, with most transactions between RM656 and RM680. The usual range is RM580.49 to RM754.99, showing that most units are priced quite close to each other. With an IQR of RM174.50 and MAD of RM12, 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. Limited transaction history suggests carefully evaluating comparable sales data.