Island Park
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
Property Type
Selling in Island Park? Homes here sold for a median of RM2,360,000.
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM2,360,000
RM537 psfMedian transaction price
30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia
MapsIsland Park in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 4,375 and 4,424 sqft, with a median price of RM2.36 million and a median price per square foot (PSF) of RM537.
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.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM537, with most transactions between RM537 and RM537. The usual range is RM450.24 to RM624.74, showing that most units are priced quite close to each other. With an IQR of RM174.50 and MAD of RM0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.