Island Park

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

Property Transactions

3 subsales found

Median
RM1,180,000
PSF
RM761
Price Size
Period
transactions middle 50% (P25–P75)
RM1,180,000
Tkt Besi
1,550 sqft RM761 PSF
RM1,460,000
Medan Tembaga
1,528 sqft RM955 PSF
RM1,035,000
Tkt Besi 2
1,539 sqft RM672 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,180,000

RM761 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 3 subsale transactions between 2021 and 2026, sized between 1,525 and 1,574 sqft, with a median price of RM1.18 million and a median price per square foot (PSF) of RM761.

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 RM1.18 million, with most transactions falling within a stable range of RM1.04 million to RM1.36 million, and a typical market range of RM1.04 million to RM1.46 million.

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

The median PSF stands at RM761, with core pricing between RM643 and RM879. Market pricing typically extends from RM674.04 to RM848.54, reflecting moderate variation in unit pricing. The spread of RM174.50 (IQR) and deviation of RM118 (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.