Island Park

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

Property Transactions

4 subsales found

Median
RM1,150,000
PSF
RM683
Price Size
Period
transactions middle 50% (P25–P75)
RM1,150,000
Tingkat Besi
1,679 sqft RM685 PSF
RM995,000
Tingkat Besi
1,701 sqft RM585 PSF
RM1,200,000
Tingkat Besi
1,679 sqft RM715 PSF
RM1,150,000
Lintang Mas
1,690 sqft RM681 PSF
Legend Recent Highest Price Highest PSF

Selling in Island Park? Homes here sold for a median of RM1,150,000.

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Market Snapshot

Residential

RM1,150,000

RM683 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 4 subsale transactions between 2021 and 2026, sized between 1,675 and 1,724 sqft, with a median price of RM1.15 million and a median price per square foot (PSF) of RM683.

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 RM1.15 million, with most transactions falling within a stable range of RM1.07 million to RM1.20 million, and a typical market range of RM995K to RM1.20 million.

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

For price per square foot, the median is RM683, with most transactions between RM634 and RM731. The usual range is RM595.43 to RM769.93, showing that most units are priced quite close to each other. With an IQR of RM174.50 and MAD of RM49, 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.