Island Park

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

Property Transactions

3 subsales found

Median
RM3,800,000
PSF
RM946
Price Size
Period
transactions middle 50% (P25–P75)
RM3,910,000
Jalan Masjid Negeri
3,978 sqft RM983 PSF
RM3,800,000
Jalan Masjid Negeri
4,018 sqft RM946 PSF
RM3,600,000
Jalan Masjid Negeri
3,994 sqft RM901 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM3,800,000

RM946 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 3,975 and 4,024 sqft, with a median price of RM3.80 million and a median price per square foot (PSF) of RM946.

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 RM3.80 million, with most transactions falling within a stable range of RM3.67 million to RM3.91 million, and a typical market range of RM3.60 million to RM3.91 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 RM946, with most transactions between RM912 and RM979. The usual range is RM858.53 to RM1,033.03, showing that most units are priced quite close to each other. With an IQR of RM174.50 and MAD of RM33, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.